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Israel's Knesset Approves Tax Breaks to Boost Immigration
3/19/2026
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Smotrich Promotes Immigration
- Knesset's Finance Committee approved a bill granting five-year tax exemptions for new immigrants and returning residents after aliyah.
- The exemptions aim to spur immigration in 2026.
- Bezalel Smotrich, Israel's Finance Minister, emphasized the need for financial support during initial absorption amid a projected cost of NIS 560 million.
- A bill expanding Orthodox control of the Western Wall Plaza advanced in the Knesset, drawing criticism that it undermines non-Orthodox worship.
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