Is it possible to get tax breaks?

Is it possible to get tax breaks?

Is it possible to get tax breaks?

First alternative – Those who immigrated (Aliyah) to Israel:
The definition of “Resident of Israel” is broad. Those who within two years from the date of purchasing the apartment “become a resident of Israel or a long-time returning resident” will be able to enjoy the benefits of the purchase tax

First alternative – Those who immigrated (Aliyah) to Israel:
The definition of “Resident of Israel” is broad. Those who within two years from the date of purchasing the apartment “become a resident of Israel or a long-time returning resident” will be able to enjoy the benefits of the purchase tax

Second alternative – returning resident:
It is important to note that a person who was previously a resident of Israel, left the country, became a foreign resident (that is, changed the center of his life, etc.), and was a foreign resident during a period of ten years or more. If and when he returns to Israel, he will be considered a “long-time returning resident” and can benefit from the definition of “resident of Israel” for purchase tax purposes.

A third alternative – a new immigrant:
It should be noted that a foreign resident who purchases an apartment and receives the status of a new immigrant must require that the apartment be used by him on a permanent basis, otherwise he will not be entitled to benefit from the tax relief.