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November 24, 2022

realty purchase tax

Realty Purchase Tax (Mas Richisha): Be Wise

What is the realty purchase tax? The tax on a new home is one of the most expensive purchase taxes in Israel. In Hebrew it is known as Mas Richisha. There are different levels of purchase tax for Israeli citizens, new olim (immigrants), or a second home purchase.Here are the current rates for Israeli citizens (until 16 Jan, 2023): Value of the property (in NIS) – fromValue (in NIS)– up...

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