Latest news on the new regulations in Israel to incentivise the recruitment of high-tech workers
The Immigration Authorities in Israel have begun to create incentives for high-tech companies to bring foreign experts into Israel. Companies will be eligible to sponsor workers on a type of B-1 work visa called a High Tech Visa. This visa will be valid for 12 months initially and extendable for five years and three months. Spouses will be eligible to work during their stay in Israel.
Sponsoring organisations must pay the foreign employee at least 19,604 shekels (approximately US$5,570) gross per month (double the average salary in Israel).