Foreign Investors: Understanding Israel’s Purchase Tax

Acquiring property in a foreign country can be an exciting, yet complex, endeavor. For Jews in the Diaspora considering an investment or a future home in Israel, understanding the local tax landscape is crucial. One of the most significant costs you’ll encounter is the Purchase Tax (מס רכישה – Mas Rekhisha). This guide will break down what you need to know about this tax as a foreign investor.