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In Israel, it costs about $10,000–10,500 (ILS 37,500–40,000) per year to maintain property. Maintenance charges for an apartment are $20–$40/sq. m. per year, $40–90/sq. m. for a house and $70–180/sq. m. for prime property.
Education in Israel is high quality and designed to fit economic needs and future growth. There are a lot of IT and engineering start-ups that collaborate with the universities here.
There is visa-waiver programme for US and EU citizens as well as other nationalities travelling to Israel for up to 90 days. In order to enter you must present your passport, insurance policy and proof of financial subsistence.
Israel has a complex tax system that is constantly changing and improving. Foreign buyers should consult a tax advisor before purchasing real estate here.
Israeli and non-Israeli citizens are able to obtain mortgages from commercial banks in Israel. Beyond commercial loans, Israel, Israel offers two types of mortgages, both backed by the government.
In recent years, more and more foreigners have been buying property in Israel. It doesn’t take long to set up the transaction and buyers can expect to spend about a month to conclude the sale.
Foreigners have bought thousands of properties in Israel over the recent years. The main demand comes from North America, UK and France.
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Oligarchs from Russia and CIS have developed a taste for Israeli real estate. These unique