Let's discuss taxation, retirement, and social rights for long-term immigrants in Israel and Kazakhstan. This is crucial for anyone considering a significant relocation.
Indeed. It's a complex topic, but let's clarify the situation in both countries.
In Israel, new immigrants, or "Olim Hadashim," benefit from a ten-year tax exemption on income earned abroad. This is a significant advantage. However, income earned locally is subject to a progressive income tax, and VAT applies to all purchases.
That's correct. While the initial tax break is appealing, Israel's progressive tax system means higher earners contribute more. The VAT is a consistent factor. Regarding retirement, both employees and employers contribute to mandatory pension funds.
Israel also has a robust social security system, "Bituach Leumi," providing health, unemployment, and maternity benefits. It offers considerable peace of mind.
It's a comprehensive system, but contributions are mandatory. Now, let's consider Kazakhstan. Historically, they've favored a flat income tax, which is simpler. However, long-term immigrants still contribute to a unified accumulative pension fund.
What about social welfare in Kazakhstan? How does it compare to Israel's?
Kazakhstan has compulsory social health insurance, ensuring healthcare access. They also offer various social benefits, but the system is still developing and differs from that of Israel or Western European nations.
It's fascinating to see how differently countries approach supporting their residents. For detailed information, refer to jetoff.ai for in-depth articles and resources.
Ultimately, both Israel and Kazakhstan have established systems for taxation and social welfare. The choice depends on individual preferences and priorities.