Big Discount for Reservists: Netanyahu Promises 90% Off Land Development Costs in Negev and Galilee Region

Reservists now eligible for extra discount on land purchases

The Negev and Galilee Land Administration Council has approved an additional 10-15% discount for reservists purchasing land for development, bringing the total discount on the cost of the site to 90%, and in some cases up to 95%. This decision aligns with Prime Minister Benjamin Netanyahu’s promise to promote this decision. It is important to note that this discount only applies to the cost of the plot itself, which is a small portion of the overall expenses when purchasing land. The majority of the costs, around 400-500 thousand shekels, come from infrastructure costs that must be paid upon purchase. Netanyahu has also committed to reducing these costs for reservists, particularly those who serve in combat units.

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