Real Estate Guide for Foreigners in Morocco
All the essential information for non-residents and expatriates wishing to invest in Morocco.
Morocco attracts many foreigners wishing to acquire real estate, whether to live there, as a second home or for investment. This complete guide covers all aspects specific to foreigners to facilitate their real estate project in Morocco.
Legal framework
The specific regulations that apply to foreigners wishing to acquire real estate in Morocco.
Financing and taxation
Financing options for foreigners and tax specifics related to acquiring and holding property in Morocco.
Practical procedures
Step-by-step guide to procedures specific to foreigners for buying, holding and managing real estate in Morocco.
Key points for foreigners
Acquisition right
Foreigners can acquire real estate in Morocco in urban areas, subject to obtaining authorisation from the Office des Changes for fund transfers.
Restriction on agricultural land
Foreigners cannot acquire land for agricultural purposes. Only long-term lease is possible on this type of land.
Local financing possible
Some Moroccan banks grant mortgage loans to non-residents, with specific conditions (higher down payment, additional guarantees).
Non-resident taxation
Non-residents are subject to withholding tax on rental income and must check tax conventions with their country of residence.
Repatriation of funds
Repatriation of funds from the sale is guaranteed if the purchase was financed by foreign currency transferred via the official banking channel.
Power of attorney and remote management
It is possible to mandate a notary or a relative to handle administrative procedures remotely, with a legalised power of attorney.
Important: Regulations may evolve. This guide does not replace personalised advice from a notary or lawyer specialised in Moroccan real estate law.
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