The new regulation was made in an effort to
encourage foreign students to study hi-tech professions in Israel while
allowing them the opportunity to work during and after graduation. This will
allow Israeli hi-tech companies to better collaborate with Israeli academic
institutes and their students.
Hi-Tech Professions List
Hi-tech professions were listed in the
regulations as to include students for: Electrical Engineering, Electronics, Computers,
Software Engineering, Information Systems, Computer Science, Mathematics,
Statistics, Optical / Electro-Optics Engineering, Communication Systems
Engineering, Software Engineering, Data Science, Physics, Exact Sciences, and
Medicine.
Current
Students in Israel
Israeli hi-tech
companies can now submit an application to locally hire a current student in
the hi-tech profession. The employment can be on a part-time basis only, and the
salary does not have to meet the prevailing wage of a foreign expert.
Graduated
Students
Israeli
hi-tech companies can now submit an application to locally hire graduated
students of relevant hi-tech professions in an Israeli academic institute,
within 3 years of graduation. A total quota of 500 permits for graduated
students was provided.
Salary
must meet the minimum salary requirements (currently 5,500 NIS gross per month)
during the first 6 months of employment, and 150% of the minimum salary, after
6 months of employment.
