IsraelLaw
Tax & Finance
I own one apartment in Israel and one in the UK — can I use the single-apartment exemption?
No. Non-residents who own a residential apartment abroad are not entitled to the Israeli single-apartment exemption. You will be liable for betterment tax at 25% on the real gain from selling your Israeli apartment.
From the full guide: Betterment Tax (Mas Shevach) on Israeli Real Estate: Complete Guide
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Get a Free Consultation with Adv. Eli ShimonyPrepared under the direction of Adv. Eli Shimony, Eli Shimony Law Office · Editorial policy
Get a Free Consultation with Adv. Eli ShimonyPrepared under the direction of Adv. Eli Shimony, Eli Shimony Law Office · Editorial policy