Blog | Michael Levine - Attorney at Law

Adv. Michael Levine

UPDATE: Purchase tax for new immigrants, VAT increase in 2025

The tax laws in Israel change at a quick pace. Long-standing legislation is frequently modified, and court rulings dramatically change...

Adv. Michael Levine

Taxes in Judea and Samaria (Over the "Green Line")

Purchase / Capital Gains Tax When one buys a residential property, there is a beneficial purchase tax rate if the buyer is (1) a resident...

Adv. Michael Levine

Important update for Olim buying real estate in Israel

A new immigrant to Israel (an “Oleh”) is entitled to a lower purchase tax rate when buying a residential property. A recent court ruling...

Adv. Michael Levine

Continual Power of Attorney

A new concept in Israel - and very important. What is a Continual Power of Attorney? A Continual Power of Attorney (“CPOA") is a powerful...

Adv. Michael Levine

Buying “on paper” vs buying “second hand”

The two most common ways of buying a residential property in Israel are (1) buying a new property “on paper” from a developer or (2)...

Adv. Michael Levine

"Why do I need a real estate lawyer?"

After months of searching, you have finally decided which home to purchase. You have agreed on the price and a general payment timeline,...