Income tax + new immigrant exemption — impact on salary

Main benefits

• Foreign-income tax exemption — 10 years from aliyah date
• Additional credit points — 1 credit point per oleh (~₪3,000/year) + 0.5 extra point for the first 3 years
• Capital-gains tax exemption on first home — if purchased within 7 years of aliyah

Practical meaning

A new oleh on ₪10,000 monthly gross receives ~₪9,200 net (vs ~₪7,800 for a regular citizen).

How to claim

The exemption is automatic through the Tax Authority if you registered your aliyah on arrival. If forgotten — file form 116 (retroactive correction).

See also

• Immigrant tax relief — right
• Klita basket — right