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Government announces five-year tax exemption for olim arriving in 2026

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Aliyah and Integration Minister Ofir Sofer and Finance Minister Bezalel Smotrich announced the government's intention to grant a five-year income-tax exemption to new immigrants and returning residents who relocate to Israel in 2026. The proposal would apply to Israeli earned income from 2026 through 2030, subject to annual caps, and the Knesset advanced the bill.

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Secondary sources:12
Courtroom-sketch editorial illustration of the government ministries complex in Jerusalem in March 2018; contextual illustration, not the reported tax-exemption announcement.

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