At a Glance
- Effective January 1, 2020, the
minimum monthly salary for foreign experts in Israel has increased
to ILS 20,856, up 2.9 percent from 2019.
- Employers must revise salaries of
current permit holders if required to comply with the new
rule.
The situation
Effective January 1, 2020, the minimum monthly salary for
foreign experts in Israel has increased to ILS 20,856, up 2.9
percent from 2019. The new salary level applies to B-1 Work Visas
and Hi-Tech B-1 Work Visas (HIT Visas).
The exchange rate at the time of publication of this alert is 1
ILS to 0.29 USD.
A closer look
- Existing employees.
Employers of foreign nationals currently under a work visa must
increase foreign nationals' salaries to comply with the new
rule.
