Ola Hadash (Israeli New Immigrant Tax Regime)

Israel's 10-year foreign-income tax exemption for new immigrants (olim hadashim) and returning residents (toshavim hozrim) who have not been Israeli tax resident during the prior 10 years. Covers most foreign-sourced income and capital gains, removes most reporting obligations on foreign assets during the exemption window, and is paired with a 10-year exemption from filing Israel's wealth and foreign-asset disclosures. Introduced in 2008 (Amendment 168 to the Income Tax Ordinance), the regime has been contested politically but remains in force and is one of the most generous expatriate tax regimes globally. Subject to changes as Israel revisits the rules under OECD global minimum-tax pressure.