10-Year Exemption
New immigrants and veteran returning residents (10+ years abroad) receive a 10-year exemption on all foreign income: employment, business, rental, interest, dividends, and capital gains from foreign assets. No reporting requirement on foreign assets during this period. This is one of the most generous immigrant tax benefits in the world.
New Immigrant Credit Points
| Period After Aliyah | Additional Points | Monthly Value (₪) |
|---|---|---|
| Months 1–18 | 0.25 | ~60 |
| Months 19–30 | 0.167 | ~40 |
| Months 31–42 | 0.083 | ~20 |
בסיס חוקי
- Section 14 – Income Tax Ordinance
- Section 35 – Credit points for immigrants
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.