Smotrich Offers Tax Reform For New Olim: No Taxes On 1 Million NIS Of Income

Israel unveils planned 0% tax rate for 2026 immigrants for their first 2 years

Smotrich Offers Tax Reform For New Olim: No Taxes On 1 Million NIS Of Income

JERUSALEM (VINnews) — As part of the State budget presented this week by Finance Minister Bezalel Smotrich, a new tax reform for new olim is set to be approved, offering significant tax relief to new immigrants in the coming years. The initiative is part of a broader national effort to encourage aliyah and support the […]

Smotrich plans 0% income tax for new immigrants

Minister of Finance Bezalel Smotrich has included the initiative for new immigrants and returning Israelis in the proposed 2026 state budget.

Israel Unveils Landmark Tax Reform for New Olim: Smotrich’s 2026 Plan Aims to Spark an Aliyah Revolution

By: Russ Spencer In a bold and far-reaching move to bolster immigration and strengthen the foundations of Israel’s economy, Finance Minister Bezalel Smotrich this week announced a sweeping tax reform for new olim, offering unprecedented fiscal incentives designed to encourage aliyah and support the successful integration of new immigrants into Israeli society. As VIN News reported on Friday, the reform forms a central component of the new State …