Philip, a new Oleh from the U.S., recently purchased a new car taking advantage of his "Oleh benefits". However, after purchasing the car, he felt "lost", as he did not know what he should do and how things work in Israel.
For the benefit of Philip and others in his shoes, we summed up the important points to know regarding Oleh tax benefits, routine car maintenance and car insurance issues.
In our next article, we will discuss driving license and the essential issues to be aware of when buying or selling a car in Israel.
TAX BENEFITS WHEN PURCHASING A VEHICLE:
New Olim enjoy certain financial benefits including favorable terms when buying a
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