Transferring funds for investing abroad is as simple as possible ​

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In September 2017, the Tax Authority launched a new declaration route, which allows transfers of funds abroad free of withholding tax through a declaration at the bank only.

In order to facilitate investors resident in Israel, the Tax Authority will henceforth allow the transfer of funds free of withholding tax through a declaration form which will be filled out at the bank branch.

Attached is a link: Form 2513

This is a welcome move by the Tax Authority, which bureaucratically facilitates investors abroad and allows investments to be made abroad without unnecessary delays that investors have experienced so far.

Attached is a link: Notice from the Tax Authority