Israel Reveals 30% Filming Incentive for International Productions
Naman Ramachandran Israel’s ministries of culture and sports, economy and industry, foreign affairs, finance and tourism have revealed incentives to encourage foreign productions in the country.Over the next two years, the inter-ministry collaboration will grant reimbursement for production expenses of up to 30% to foreign productions of films and TV series shooting in Israel, for an amount up to ILS16.6 million ($4.9 million). The financial aid will be given by the ministries to strengthen Israeli production companies operating in cooperation with foreign production companies in Israel.