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IsraelForeign buyers

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

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