Israel: New visa category introduced for pre-approved technology companies

A new visa category called the Entrepreneur High-Tech visa will be available to certain foreign workers that arrive in Israel to work at one of twelve established and pre-approved technology companies, according to an announcement by the Ministry of Economics.  The main benefit of the visa is that it will most likely will not require company sponsorship and there will be no minimum salary.

According to the announcement, fifty Entrepreneur High-Tech visas will be available. The Entrepreneur High-Tech visa will be valid up to two years, with the possibility of renewals for those who will start a company.