Prevention of the Removal of Funds from Israel by or for an Infiltrator or Foreign National Bill

What does the bill do?

The bill prohibits an infiltrator or foreign national staying in Israel without a valid residence permit from taking money or property out of Israel, except upon leaving the country. An exception to the prohibition exists in an exceptional case in which the Border Control Commissioner permits it in writing, if specific conditions are met, such as inability to leave for another country or danger to the life of a relative. The bill also prohibits other parties from taking property out on behalf of such a person. Violating the prohibition will be considered a criminal offense and an offense under the Prohibition on Money Laundering Law, with penalties of imprisonment and/or a fine.