Key Points
- Israel increased the monthly minimum prevailing wage requirement to NIS 23,460 on January 1, 2023
Overview
The government of Israel increased the country’s monthly minimum prevailing wage requirements by 12% for foreign national experts. As a result, the monthly minimum prevailing wage will rise to NIS 23,460.
What are the Changes?
The Israeli government increased the country’s prevailing minimum wage on January 1, 2023, by 12%. All current, pending, and new work permit applications for foreign national experts will need to meet the prevailing minimum wage requirement.
Looking Ahead
Continue to check the government of Israel’s website for the latest updates and information.
Written by: Jessie Butchley, Global Immigration Writer, Envoy Global
Source: State of Israel National Insurance Institute
