Nomad Watch

Business

Studio Purchase Price (City Center)
Approx. 35,000 ILS per m² (e.g., 40 m² = 1,400,000 ILS)
Studio Purchase Price (Outside City)
Approx. 28,000 ILS per m² (e.g., 40 m² = 1,120,000 ILS)
1-Bedroom Purchase Price (City Center)
Approx. 32,000 ILS per m² (e.g., 60 m² = 1,920,000 ILS)
1-Bedroom Purchase Price (Outside City)
Approx. 26,000 ILS per m² (e.g., 60 m² = 1,560,000 ILS)
2-Bedroom Purchase Price (City Center)
Approx. 30,000 ILS per m² (e.g., 80 m² = 2,400,000 ILS)
2-Bedroom Purchase Price (Outside City)
Approx. 25,000 ILS per m² (e.g., 80 m² = 2,000,000 ILS)
Corporate Tax
23% (Standard rate)
Dividend Withholding Tax
25% to 30% depending on shareholder status
Tax System
Personal tax is residency-based; 10-year tax holiday for new residents (Olim)
Highest Income Tax Bracket
50% (Inc. 3% surtax on high earners)
VAT
17%
Controlled Foreign Company (CFC) Rules
Yes, applicable to Israeli residents holding foreign companies
Property Tax
Arnona (Municipal tax), approx. 50-80 ILS per m² per year
Property Transaction Tax
Purchase Tax (Mas Rechisha) ranging from 0% to 10% based on value
Attractive Tax System for Digital Nomads
No specific nomad visa; however, 10-year foreign income exemption for Olim

Essentials

City
Ra'anana, Central District, Israel
Population
Approximately 80,000
Internet Speed
Avg 300-500 Mbps (Fiber available widely via Bezeq or Hot)
Currency & Banking
1 USD ≈ 3.65 ILS, 1 EUR ≈ 3.95 ILS (Israeli New Shekel)
Tap Water
Drinkable and high quality throughout the city
Power
230V, 50Hz, 🔌 Type C/H/M sockets
SIM Card
Partner, Cellcom, or Wecom (approx. 50 ILS for 100GB)
Banking for Expats
Bank Leumi, Bank Hapoalim, and digital options like Revolut or Wise
Accommodation
High-end residential apartments, boutique rentals via Airbnb
Cashless Friendly
Exceedingly high; Apple Pay and Google Pay accepted everywhere
Short Term Rentals
Airbnb, Sublet.co.il (avg $120-$180/night for city center)
Budget Accommodation
Hotel Ra'anana (approx. 450 ILS/night); limited hostel options
Best Area to Stay for Tourists
Ahuza Street (Central) for proximity to shops and cafes
Best Area to Stay for Digital Nomads
Kiryat Eshkol or near the Ra'anana Industrial Zone for tech vibes

Working and Networking

Best Coworking Space
Regus Ra'anana (Zarhin St 13) - approx. 120 ILS/day
Best Cafe for Work
Arcaffe (Ahuza St 142) - Excellent Wi-Fi and ample seating
Networking Events
Tech Talk Ra'anana meetups at local hubs like Wize
Social Events for Expats
Ra'anana Anglo Seniors and Professionals Facebook groups

Transportation

Best Taxi/Ride App
Gett (Global Taxi) or Uber
Bike/Scooter Rental
Bird and Lime scooters available throughout the city
Best Beach Nearby
Herzliya Academic Beach (12 mins drive, approx. 40 ILS taxi)
Top Regional Airline
Arkia or Israir for Eilat/Cyprus
Top International Airline
EL AL (National Carrier via Ben Gurion Airport)
Highway Access
Direct access to Highway 4 and Route 531
Main Train/Transit Hub
Ra'anana West Railway Station (links to Tel Aviv in 25 mins)
Public Transport Passes
Rav-Kav card or Moovit/Pango apps for integrated payment
Regional Travel
Israel Railways or Egged Bus 501 to Tel Aviv (approx. 6-12 ILS)

Health and Wellness

Best Hospital
Loewenstein Rehabilitation Hospital (Ra'anana) or Meir Medical Center (Kfar Saba)
Yoga & Wellness Centers
EllaYoga Ra'anana (HaSadan St 4) - approx. 80 ILS per class
Gyms & Fitness Centers
Holmes Place Premium (Renanim Mall) - approx. 350-450 ILS/month
Laundry Services
Kibbutz Galuyot Laundry (Ahuza St 88) - 50 ILS per load

Food and Drink

Best Food Delivery App
Wolt (most popular) or HaTishloach
Best Local Dish to Try
Sabich (pita with eggplant/egg) at Sabich HaMerkaz
Vegan/Vegetarian Options
Meshek Barzilay (nearby) or Green Roll Sushi (Ahuza St)
Best Dessert Spots
Golda Ice Cream (Ahuza St) - famous salted pretzel flavor
Affordable Shopping Spots
Rami Levy or Yohananof (Industrial Zone)
E-commerce/Online Store
KSP.co.il for electronics, Terminal X for fashion
Grocery Delivery
Shufersal Online or Wolt Market
Bar/Nightlife Area
The Industrial Zone (HaTnufa St) for bars like Murphy's Irish Pub
Local Brewery
Jems Beer Factory (Ra'anana branch, HaSadan St)
Wine Bars
Special Reserve (Ahuza St 115)
Street Food Stalls
Falafel Beribi (Ahuza St) - approx. 22 ILS for a pita
Popular International Cuisine
Borochov 88 (Italian-French fusion)

Culture and Attractions

Must-See Landmarks
Ra'anana Park (The largest green space in the Sharon region)
Museums & Art Venues
Yad LeBanim (Cultural center and gallery)
Historical Sites
The Founders Village (Kfar Nahshon setup near the park)
Religious Sites
The Great Synagogue (Ahuza St)
Annual Events
Ra'anana Music Festival (Sukkot holiday)
Cultural Districts
Ahuza Street (The city's main commercial and cultural artery)
Theater Venues
The Municipal Theater (Ahuza St)
Local Markets
Friday Farmers Market at Park Ra'anana
Music Scene
Amphipark Ra'anana (Host to major international concerts)
Street Art
Murals near the Industrial Zone and Skate Park
Cooking Classes
Bulthaup Culinary Academy (nearby in Herzliya)
Art Galleries
Municipal Art Gallery (Ahuza St 147)
Historic Buildings
The first school building on Borochov Street
Local Heritage
Strong South African and American 'Anglo' influence

Nature and Outdoor Activities

Nearby Nature Escapes
Bney Zion Nature Reserve (10 mins drive)
National Parks Nearby
Apollonia National Park (Herzliya coast)
Cycling/Walking Paths
Ra'anana Park perimeter loop (approx. 3km)
Scenic Viewpoints
The Lake at Ra'anana Park
Birdwatching Locations
Artificial lake and surrounding reeds in Park Ra'anana
Bonfire-Friendly Spots
Strictly prohibited in city parks; allowed in designated beach areas in Herzliya

Other Services and Amenities

Parcel Delivery Service
Israel Post (Doar Israel) and UPS Israel
Tech Repair Services
iDigital (Renanim Mall) for Apple products
Table Tennis Spots
Community sports halls (MetroWest)
Language Classes
Ulpan Ra'anana (Hebrew immersion for Olim and expats)
Libraries & Study Spots
The Municipal Library (HaPalmach St 2)
Community Centers
Beit Keilla (Community programming for English speakers)
Gaming Lounges
Hype Gaming Lounge (Nearby in Tel Aviv/Herzliya)
Casino & Gaming Halls
Not legal in Israel; restricted to social clubs

Continue exploring Ra'anana