According to the recent update to the Hi-Tech Work Visa Regulation, Israeli hi-tech companies can now apply for a work visa for university students or recent graduates for certain hi-tech professions in Israel. Eligible companies can now submit an application to locally hire a student studying a hi-tech profession for part-time work or graduates within three years of their graduation. While students can be employed on a minimum base salary (currently NIS 5,500 gross per month), graduates must meet minimum salary requirements for the first six months of employment and 150% of the minimum salary after six months of employment.
This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected]. Fragomen worked closely with Kan-Tor & Acco Law Firm to prepare this alert.
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