For the past three years, it’s been one of the most lucrative ways to buy property in Israel.
In recent years, the number of foreign buyers has skyrocketed.
From 2011 to 2016, the Israeli government approved more than 50,000 deals in the West Bank, which accounts for nearly 90% of the country’s total property sales.
The Israeli government also approved over 200,000 sales in the Gaza Strip.
But the number and size of deals has been growing.
The most recent figures for 2017 show that Israel approved 5,632 sales in 2017, a fivefold increase over 2016.
The highest number of sales was recorded in 2017 with 7,934.
In addition, Israeli government officials are reporting that sales in 2018 will surpass 2016 sales.
In addition to the high sales figures, foreign investors have been buying properties in Israel through the “buy-to-let” model, where they rent out their homes to Israeli residents.
As of November 2016, Israel had 8,000 “buy to let” properties, according to the Israel Land Bank, while only about 2,500 were owned by Israelis.
The popularity of the “rent-to” model has led to the construction of more and more housing complexes and apartment buildings in Israel, particularly in the cities of Jerusalem and Tel Aviv.
The latest figures from the Israeli Land Bank show that the number was 7,843 in 2017.
The construction of new apartments in Jerusalem alone reached 3,000, while in Tel Aviv, apartments were built on top of existing housing units.
The “rent to let,” however, is not only a way to make money.
The construction of large apartments and housing complexes in Jerusalem has been an important step in building the Jewish state, with an estimated $500 billion worth of development projects in the city alone.
The influx of foreign investment has also led to an increase in property taxes.
The number of tax-exempt real estate transactions in Israel increased by nearly 1.5% in 2017 to $3.7 billion.
This was almost a fourfold increase compared to the same year a year earlier, according a report by the Land Bank.
According to the Land Authority, tax-free transactions include transactions between foreign residents, business, or individuals who purchase or sell property in the country.
But these transactions are not the only revenue source.
In 2018, the tax on property transactions reached more than $1.8 billion.
The Land Authority also reported that the annual revenue of the government’s “tithes” — the taxes collected from selling, renting, and buying property — totaled about $10 billion.
In an interview with Al Jazeera, a spokesperson for the Land and Property Authority said that the revenue from the tax revenue has also enabled the government to expand its infrastructure, including the construction and maintenance of new housing and schools.
The land and property tax revenue is being used to improve infrastructure in the state.
In 2019, the government will start a construction program that will include the construction, maintenance, and sale of approximately 10,000 new apartments and 1,500 new homes.
In 2018, about $7 billion was spent on infrastructure projects.
In the next year, the figure will grow to $10.3 billion.
As a result, the Land Administration expects to see a five-fold increase in construction projects, as well as a 10-fold expansion of infrastructure projects, according the spokesperson.