What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?
A B/5 investor permit (visa and visitation residency). If approved it may be granted for two years with a multiple-entry visa. Extension must be requested three months before expiry and the applicant must continue to meet the original criteria; extensions are for up to two years (in practice one year at a consulate/bureau, with an expedited second year). The foreign subject intends to leave Israel when the permit expires; no permanent residence or citizenship direction is stated. While a timely extension is examined, the applicant may remain under the requested permit conditions for no more than eight months after the old permit expires or until the decision, whichever comes first. An extension beyond 63 months requires a special Advisory Committee determination under the cited exception regulations, including continued compliance and intention to leave when the permit ends; this is not a permanent-residence route.
See recorded sources
Limits of the record- What happens to the investment is not stated.
- https://www.gov.il/BlobFolder/policy/us_investors_visa_permits_procedure/he/5.3.0030_eng.pdf
3.14 **Permit** – Visa and visitation residency in Israel – permit, of one of the following categories:
B/5 – permit for an Investor;
- https://www.gov.il/BlobFolder/policy/us_investors_visa_permits_procedure/he/5.3.0030_eng.pdf
7.5.6.2 If the Minister of the Interior has approved the application for a Permit, the
Permit may be approved for two years, and a *Multiple Entry Visa* will be granted for
the duration of the Permit.
- https://www.gov.il/BlobFolder/policy/us_investors_visa_permits_procedure/he/5.3.0030_eng.pdf
7.5.8.1 A request for Permit extension has to be submitted three months prior to the
expiration of the Permit.
- https://www.gov.il/BlobFolder/policy/us_investors_visa_permits_procedure/he/5.3.0030_eng.pdf
7.5.8.4 The applicant must continue to meet the criteria according to which his request
was initially approved and as defined in sections 4 and 5 of this procedure.
- https://www.gov.il/BlobFolder/policy/us_investors_visa_permits_procedure/he/5.3.0030_eng.pdf
7.5.8.5 In the event that the Minister of the Interior has decided to approve extending the
Permit, the Permit will be extended for a period of up to two years. In practice, when
extending the Permit at the Consulate or at the Population Bureau, the Permit will be
granted for one year only, but the extension procedure shall be expedited pursuant to
the recommendation of the Advisory Committee to extend it for two years.
- https://www.gov.il/BlobFolder/policy/us_investors_visa_permits_procedure/he/5.3.0030_eng.pdf
4.2.4 The foreign subject intends to leave Israel with the expiration of his residency Permit.
- PIBA procedure 5.3.0030, §§7.5.8.7–7.5.8.8, pending-extension stay and exceptional extension beyond 63 months
7.5.8.7 While the application for extension in section 7.5.8 is being examined, [the
applicant] will be allowed to continue his stay in Israel in accordance with the Permit
| THE POPULATION AND IMMIGRATION AUTHORITY | PROCEDURE . NO | 5.3.0030 |
| --- | --- | --- |
| SUBJECT: | PERMIT FOR FOREIGN INVESTOR FROM A TREATY COUNTRY |
| | ISRAEL IN |
| PROCEDURE NO. 5.3.0030 |
| --- |
| PAGE 10 OF 10 (FIRST EDITION) |
| UPDATE DATE: 1 MAY 2019 |
terms for which the extension application was filed for a period not to exceed 8
[eight] months after the expiration of the previous Permit or until a decision on the
subject has been reached, whichever comes first.
7.5.8.8 In accordance with the Entry into Israel regulations (special circumstances and
exceptions of a foreign subject contribution) 5758 – 2018, once the Advisory
Committee has found – after detailed examination of the circumstances, [sic.] that he
complies with the conditions for the Permit extension under regulation 5a of the
regulations, (more than 63 months), and including that he intends to leave Israel with
the expiration of his stay permit – that the special circumstances and exceptions of a
foreign subject contribution under section 3a(1c) to the Entry into Israel law apply to
him and as long as the conditions continue to apply in accordance with these
regulations. The application shall be processed in accordance with section 7 of this
Procedure.
