A foreigner needs approval to buy an apartment on ILA land
Lease rights to Israel Land Authority land pass to a foreigner only with the approval of the Council chair or the ILA director; a person entitled to repatriate is not considered a foreigner. A foreigner with no other home can be approved for one apartment; inheritance is not covered by the procedure.
What this changes in the calculation
Does not affect the amount; adds a step and time to the deal.
- Source
- gov.il
- Status
- verified
- Published