Foreign investor
Introduction
The Israeli government encourages foreign non-Israeli businessmen with available fluud capital to inquire about monetary investments in Israel. The laws for the enhancement of foreign investment in Israel provides many different bonus options which investors are encouraged to use to their fullest extent. Important goals of this law are the drawing of foreign capital to Israel, and the encouragement of financial initiative and foreign capital investment. This will develop Israel’s manufacturing ability and the country’s internal economy, improvement of the payment of balances, as well creation of new places of employment. In order to encourage foreign investment in Israel, the law grants additional tax advantages over and above the benefits which local investors are entitled to.
What is a worthwhile investment in Israel?
There are many various options for investment in Israel. One may invest in industrial structures, factories, hotels, tourism projects, and hi-tech corporations, and receive monetary grants from the government, tax benefits, etc. One may also choose to invest in non-mobile profitable assets, which is a worthwhile and safe financial investment. International investors who choose to invest in building rentals are entitled to special tax benefits. This unique investment plan for international investors is especially attractive and offers many benefits to the investor.
Why is it worthwhile investing real estate?
Real estate investment in Israel has always been considered a sound and stable business. The level of the real estate investment prices in Israel, remains predominately stable. It has proven itself in the past, in spite of the significant slowing of the global economy, the decrease in international commerce, and in the last crisis in the field of hi-tech.
The fear of global economic moderation expansion, and its influence on the entire world, has brought us to take special precautionary measures in our investments, and to choose investment in profitable property and other similar investments as the most safe and stable.
What benefits are foreign investors entitled to?
The acquisition of office, commerce, or living structures, and their rental, entitle the investor to tax benefits on revenue from rent payments including reduced rates, high value depreciation rates, exemption from property taxes, and other benefits as well. This means that in the first years of an investment with certain terms, there will be no tax debts on rent benefits.
Primary Conditions for Receiving Benefits
The investment must be made in foreign cash currency alone when acquiring or building a structure for rental purposes, whether it be for industrial, tourist, commercial or inhabitation purposes.
The investor must be a foreign resident, or an Israeli corporation completely owned by a foreign resident.
What is the process of receiving the benefits and the required confirmation papers?
The application process according to the Israeli law encouraging foreign capital investment is a long and complicated process to be entirely handled by our offices. This begins from the moment the application is requested on the investors behalf, acquisition of confirmations with a notorions signature, approvals from certified accountants, contact with the center for Israeli investments, contacts with various financial factors, and the creation of administrative plans for checking investments and the choice of the benefit route.
In addition to that, our office provides business counseling for foreign investors interested in profitable property investment described above, including:
Preparation of business plans for the project
Acquisition of approval papers from the authorities
Planning and receipt of the maximum tax benefits
Aid in complex tax assessment
Aid in troubleshooting and promoting projects
When dealing with government offices
Legal care and accompaniment by a lawyer who specializes in the real estate field
Financial and economic counseling in order to determine the
Profitableness of investments and creation of strategic plans for the protection and maintenance of the assets
Preparation of controlled financial reports and their presentation to the authorities
Care and planning of proper insurance coverage for properties requiring insurance, and all aspects involved