New Olim making aliyah with Tel Aviv skyline in background

Olim Tax Exemption Israel 2026: New Local Income Exemption Explained

Israel’s 2026 budget package introduces a landmark Olim tax exemption Israel 2026 lawmakers have been working toward for years. As of January 1, 2026, new immigrants (Olim) may now be exempt from Israeli income tax on locally-earned active income, in addition to the long-standing 10-year holiday they already enjoy on foreign-source income. The change comes […]

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