Story perspectives

Knesset Approves Tax Breaks to Boost Immigration Amid Antisemitism

4/11/2026

Summary

Story summary

On March 30, 2026, the Knesset approved a budget package with tax breaks and expanded middle-income brackets, lowering bills for those earning up to NIS 300,000.
Olim exemptions apply to Israeli-source income starting January 1, 2026, with limits by year of residency.
Olim who became residents between November 5, 2025, and December 31, 2026 qualify.
The law aims to boost immigration amid rising antisemitism, with residency cessation potentially revoking benefits.

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Story summary

On March 30, 2026, the Knesset approved a budget package with tax breaks and expanded middle-income brackets, lowering bills for those earning up to NIS 300,000.
Olim exemptions apply to Israeli-source income starting January 1, 2026, with limits by year of residency.
Olim who became residents between November 5, 2025, and December 31, 2026 qualify.
The law aims to boost immigration amid rising antisemitism, with residency cessation potentially revoking benefits.