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Tax Benefits for New Immigrants (5/10 years) in Kiryat Bialik

10-year income tax exemption on foreign income, enhanced tax credits for 5 years, customs exemption on personal effects. Applies to all olim — including Ethiopian-Israelis.

About Kiryat Bialik

Kiryat Bialik, one of the Kiryot settlements adjacent to Haifa, hosts a small Israeli-Ethiopian community. The city offers accessible real-estate prices relative to Haifa and easy access to employment areas and educational institutions in the north.

More about the city →

What's included?

Tax exemptions (10 years from aliyah)

  • Exemption on foreign income: salary, interest, dividends, capital gains from foreign source
  • Foreign pension exemption: up to a ceiling
  • Reduced reporting: in the early years, exempt from reporting foreign assets

Enhanced tax credits (5 years)

  • Year 1: 3 extra credit points (~₪9,000)
  • Year 2: 2 points
  • Years 3-5: 1 point per year

Customs exemptions (3 years)

  • Personal effects, vehicle (with conditions), professional equipment
  • Calculated at peak value

How to claim

  1. Register aliyah: immigrant ID + aliyah confirmation from Ministry of Aliyah
  2. Open Tax Authority file: as oleh — automatic
  3. Apply for credit points: via employer (form 101) or accountant
  4. Personal effects: declare to Customs Authority within 3 years

📞 Israel Tax Authority: *4954