The effect of the judicial reform bill on the Israeli real estate market
As societal tensions grow over the judicial reform bill, the impact has not sidestepped the Israeli real estate market, with a drop in home purchases,...
Category: Law & Taxation
One simple move before signing on a real estate transaction in Israel that can save a lot of heartache and aggravation
Two recent rulings dealt with serious deception in residential real estate transactions in Israel. Although the homebuyers finally received compensation, it took many years of...
Order of Probate — what to do when you receive a property inheritance in Israel
When a property inheritance is received in Israel, the heirs are often overwhelmed and fearful that the process of transferring ownership will be difficult. Combine...
Rising interest rates are bringing down home prices across the world – except in Israel
While a strong wave of interest rate increases sweeping the Western world has led to price declines in the United States, Canada, and New Zealand,...
Following the swimming pool tragedy in Karmei Yosef: How do you know if a swimming pool is safe?
About a month ago, a young man lost his life at a pool party after being sucked into a sinkhole that opened beneath the swimming...
Gamechanger for the Israeli real estate market: Limited linkage to construction cost index; rising interest rates; and a stronger dollar
New legislation that protects buyers of new homes from unpredictable price increases of hundreds of thousands of shekels; an increase in interest rates that is...
Stagnation, chaos, and skyrocketing home prices: The implications of the Knesset’s refusal to enact the Metro Law
The Israeli public is livid, following the government’s failure to enact the Metro Law before the dissolution of the Knesset. Despite the fact that its...
Hetel Hashbacha: The complete guide to Israel’s betterment levy
The betterment levy, known in Israel as hetel hashbacha, is one of the only taxes that may actually make you feel quite lucky. This tax...
In an attempt to stop the surge in house prices, exemption of capital gains tax for foreign residents to be canceled
A series of tax amendments introduced this month by the Minister of Finance seeks to “release” tens of thousands of apartments from owners who do...
New law could save buyers tens of thousands of shekels when purchasing a new home in Israel
A new bill seeks to cease linking the entire purchase price of a new apartment to the Construction Price Index. Until now, this linkage had...