Israel’s Finance Ministry Unveils Sweeping Tax Benefits to Encourage Immigration

Jerusalem, 6 November, 2025 (TPS-IL) — The Israeli government unveiled a sweeping tax reform for new immigrants and returning residents, offering up to 0% tax on income in 2026 and 2027, gradually rising to 30% by 2030. The program, presented Thursday by Finance Minister Bezalel Smotrich and Minister of Immigration and Absorption Ofir Sofer, aims to encourage Jewish professionals, entrepreneurs, and investors worldwide to relocate to Israel.

The reform applies to up to NIS 1 million ($310,000) per year and complements existing benefits, including a 10-year exemption on foreign income.