Selling an Apartment as an Olah: Legal Nuances (722)
Selling an apartment as a repatriate (Olah) in Israel requires special attention to legal and tax aspects.
New immigrants may not be familiar with Israeli law, taxation rules, and document procedures.
This article explains key legal nuances to safely complete the sale.
Key Points
- Ownership verification
- Ensure the apartment is registered in your name in Tabu (נסח טאבו).
- If the property was obtained under an aliyah program, additional conditions may apply.
- Capital Gains Tax (מס שבח)
- Repatriates may be entitled to exemptions or tax benefits when selling their only property.
- It is important to check whether exemptions apply and how to calculate the tax.
- Sales contract
- Must be drafted with the legal status of the Olah in mind.
- A lawyer verifies wording and records the rights and obligations of all parties.
- Documents
- Certificate of ownership (נסח טאבו)
- Sales contract
- Proof of tax payment (or exemption)
- Apartment handover report
- Legal support
- A lawyer helps avoid mistakes related to immigrant status, incomplete information about tax benefits, or procedural errors.
- This protects against potential claims and fines.
Tips from Unehasim
- Verify all documents and Tabu registration.
- Confirm your rights to capital gains tax exemptions.
- Act through a lawyer for a safe and transparent transaction.
- Keep all documents and correspondence to protect your rights.
Following these rules allows repatriates to sell an apartment safely with minimal tax risk.
Contact Unehasim Specialists
If you plan to sell an apartment as a repatriate in Haifa, Unehasim specialists can help:
- Verify ownership and apartment registration
- Calculate capital gains tax and apply exemptions
- Prepare contracts and handover reports
- Facilitate the transaction through a lawyer to protect interests
