Betterment tax is one of the taxes a seller might need to pay when selling real estate. This being so, the purchaser needs to make sure that the issue of this tax is addressed in the contract. Betterment tax is levied on the owner of real estate when a change
Renting Out Your Apartment You’ve finally invested in real estate in Israel and now you’re ready to earn some money by renting out your apartment. The following tips can help you protect your investment: The rental contract should be drafted by an attorney. It is easy to obtain examples of
Due diligence. Due diligence. Those two words are the key to any successful business deal. Why should it be different when buying real estate? It certainly should not be different when buying real estate in Israel, whether you live abroad or in Israel. Before entering a real estate transaction there
The dollar-shekel rate reached a historic low last week. Most foreigners automatically assume that this will make it more difficult to buy a home in Israel, yet there are several ways to reduce the impact of the exchange rate on a property purchase. Those who buy a new property
Israeli real estate transactions from abroad during the Carona pandemic can be challenging. Government offices are closed in many places and it is difficult to get things done. New international laws restrict the transfer of funds needed to buy and sell real estate. How to navigate these obstructions when buying
Israeli real estate deals v. U.S. real estate deals – what is the difference and why is it important to know? Many people are nervous about entering into real estate transactions in Israel for various reasons. In Israel the real estate transactions are conducted in Hebrew a language they are
Changes in Israeli Purchase Tax Recent changes in Israeli purchase tax may be a stimulus for the Israeli real estate market. The hope is that this will stimulate the Israeli real estate market that was badly hit due to Covid 19. Every real estate transaction in Israel has at least
I have been approached many times by people about inheriting land in Israel. The usual scenario is that their great grand parent purchased land in Israel before it became a state. Sometimes the property is a building and sometimes it is land. Very often people don’t know what they really
By Attorneys Etgar Kedem-Kaufman, Avi Becker and Nicole Levin Sometimes you may be entitled to a Land Appreciation Tax exemption. As detailed in our former article, Land Appreciation Tax (“Mas Shevach” in Hebrew), is a tax levied on a real estate property seller in Israel in accordance with the Land
6 Critical Questions to Ask When Selling an Apartment in Israel Has the time come for selling an apartment in Israel. Whether it’s your primary home or a real estate investment, there are some important questions you need to ask your real estate attorney before moving forward with the deal.
