Tax
Tax Authority chief: purchase tax relief possible if construction slump deepens
5 November 2026 · Based on Israel Real Estate Center
Tax Authority head Shai Aharonovich warned of a worsening housing-market crisis. He said the state could take emergency steps, including easing purchase tax (mas rechisha), if the slowdown deepens. He also supports reinstating property tax on vacant land, amid a need for an additional 30–40 billion shekels in annual revenue, while a contractors' leader expects housing starts to keep falling.
What it means for buyers abroad
Purchase tax relief is only a possibility, not a decision. Buyers abroad should follow official announcements before assuming any change in costs.
Read the original article (Israel Real Estate Center, in Hebrew) ↗
