Can foreigners buy real estate in Israel?
Although anyone can buy property in Israel, regardless of nationality or religion, foreign residents pay a higher purchase tax than Israeli residents. The purchase tax (mas rechisha) must be paid within 50 days of signing the contract.
What is the average cost of a home in Tel Aviv?
Residential Property Facts.
|Price (sq.m.):||$ 17,149|
|Cap. Gains Tax:||0.00%|
|Landlord and Tenant Law:||n.a.|
Is Israel real estate a good investment?
The profitable return on Israeli real estate investment comes partly from rental income, and partly from the sale of your property. You can typically achieve 25% return on investment in 3 to 4 years. 6.