Key Takeaways

Short Answer

Mas Rechisha is the purchase tax the buyer pays at every Israeli real estate transaction. The rate depends on the buyer's residency status. Foreign non-residents pay a flat 8 percent up to ₪6,055,070 and 10 percent above, due within 60 days of signing. Israeli first-time residents pay 0 percent on the first ₪1,978,745. Olim Hadashim within 7 years of Aliyah qualify for substantial relief.

Full Definition

Mas Rechisha is a transfer tax governed by Israel's Real Estate Taxation Law (Mas Shevach v'Mas Rechisha) and administered by the Israel Tax Authority (Rashut HaMisim). The buyer files a self-assessment form (the shuma atzmit) within 60 days of contract execution and pays the tax to the Tax Authority directly. Brackets are progressive, not cliff-edge, meaning the higher rate applies only to the portion of the purchase price above each threshold, not to the entire price. The Tax Authority publishes separate bracket tables for Israeli first-home buyers, Israeli investors and second-home buyers, foreign non-resident buyers, and Olim Hadashim. As of 2026, the foreign-buyer brackets are 8 percent on the first ₪6,055,070 of purchase price and 10 percent on the portion above. Israeli first-home buyers start at 0 percent on the first ₪1,978,745 and step up through 3.5, 5, 8, and 10 percent brackets up to ₪20,183,565 and above. Brackets are normally indexed annually to the Madad (Construction Input Index); the current freeze is a deliberate policy intervention under the January 2025 Temporary Order, in effect through end of 2027.

Why It Matters for Foreign Buyers

Mas Rechisha is the single largest line item in most foreign-buyer transactions after the purchase price itself. On a ₪3 million Tel Aviv apartment, the foreign buyer owes approximately ₪240,000 in Mas Rechisha, while an Israeli resident purchasing the same apartment as a first home owes approximately ₪79,000. Three planning levers materially change foreign-buyer exposure. First, Olim Hadashim relief: a buyer who has made Aliyah within 7 years can purchase a first Israeli home at the Olim brackets (approximately 0.5 percent on the lower bracket), producing six-figure savings on typical luxury price points. Second, Section 62 family transfers: lifetime transfers between spouse, child, grandchild, parent, grandparent, or sibling qualify for one-third of the standard Mas Rechisha rate, with the giver fully exempt from Mas Shevach (capital gains tax). Third, residency reclassification: a foreign buyer who becomes an Israeli resident within 2 years of acquisition may apply retroactively for resident-first-home rates, often producing significant refunds. All three levers require Israeli counsel to structure correctly during the purchase, not after.

Related Reading

Sources and References

Reviewed by Hershtik & Adoram, May 2026. This glossary entry is informational and does not constitute legal or tax advice for any specific transaction. Israeli real estate law evolves; verify current rules with qualified Israeli counsel before relying on any specific figure or rule.