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

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 Sderot

Sderot, located adjacent to the Gaza border, hosts a long-established Israeli-Ethiopian community that has dealt with security challenges alongside economic hardship. The community has demonstrated remarkable resilience, and development projects in the city offer new housing opportunities.

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