The Jerusalem municipality approved the decision to charge empty flats Council tax in the amount of twice the maximum amount of tax on the city.
Thus, for every meter of idle real estate owner will have to pay a tax of 223,56 shekels a year. For apartment of 100 square meters, the annual tax rate will be 22 356 thousand shekels.
The decision was made with the approval of the Ministry of Finance and the Ministry of internal Affairs, and will take effect from January 2016.
This decision aims to increase the living space available for rent. In Israel’s capital city there are many houses in which more than half of the apartments are owned by foreign nationals visiting the city one or two times a year for Jewish holidays. All the rest of the apartment empty.
At the same time in the city there is a severe shortage of housing for rent for young families.