The Russian oligarch, who is worth an estimated £8.6 billion, instantly became Israel's wealthiest person after receiving his citizenship on Monday.
Roman Abramovich, the owner of Chelsea football club, has become an Israeli citizen just a month after the United Kingdom delayed renewal of his British visa amid diplomatic tension between London and Moscow. His British visa expired last month and sources have told Reuters it was taking longer than usual to get it renewed.
Israeli media reports say he has been given an identity card in Israel under the Law of Return, which allows Jews to become citizens of Israel.
An Israeli immigration ministry spokeswoman declined to comment on the report, citing individual privacy, but a spokeswoman for the Population Administration, which oversees border control, confirmed that Mr Abramovich was in Israel.
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Abramovich owns the Varsano boutique hotel in Tel Aviv's Neve Tzedek neighborhood, which he bought for NIS 100 million in 2015 and is converting into his Israeli home. The move could pay off financially as new Israeli citizens are exempt from paying tax on foreign income for 10 years.
The delay in issuing him a new one comes amid increased diplomatic tensions between London and Moscow after the poisoning of former Russian spy Sergei Skripal in southern England.
Roman Abramovich, the owner of England's Chelsea soccer club sits, watches the Euro 2008 group E qualifying soccer match Israel vs Russian Federation at the Ramat Gan stadium outside Tel Aviv, Israel, Saturday, Nov. 17, 2007. He has owned the team since 2003 and has been present at almost every game, until his visa problems began.