Property
Israel — Property: Buying Process
Israel charges graduated purchase tax on a single residential apartment bought between 16 January 2025 and 15 January 2028, with no tax on the first NIS 1,978,745.
VerifiedGovernment / official sourceIsrael Tax Authority — Real estate purchase tax bracketsLast reviewed: 2026-10-23
Why this matters
Understands the intricacies of the Israeli property market to avoid potential pitfalls and ensure a smooth transaction.
Key facts
- Purchase-tax brackets for a single apartment bought 16 January 2025 to 15 January 2028: nothing on the first NIS 1,978,745, 3.5% up to NIS 2,347,040, 5% up to NIS 6,055,070, 8% up to NIS 20,183,565 and 10% above.
- The Tax Authority publishes a purchase tax simulator, and the brackets in the simulator page apply to a single residential apartment under Section 9(c1c)(3).
- New immigrants may get a one-time purchase tax reduction for purchases from one year before first entry up to seven years after.
- Foreign resident investors pay full purchase tax; confirm the rates for your status in the simulator.
Steps
- Step 1: Finding a Real Estate Agent — Hire a licensed real estate agent who is familiar with the local market and can guide you through the buying process.
- Step 2: Searching for Properties — Search for properties that meet your requirements, and work with your agent to arrange viewings and gather information about the properties.
- Step 3: Making an Offer — Once you find a property you like, your agent will help you make an offer on the property, which may involve negotiations with the seller.
- Step 4: Finalizing the Sale — If your offer is accepted, your agent will help you navigate the final stages of the sale, including signing the contract and transferring the funds.