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The kingdom of Morocco has developed a strategy of attraction of the foreign investments in an institutional and legal frame(executive).
A " Charter of the Investment " was adopted in 1995 to incite the foreign investors to become established in the country. The main incentive measures relative to real estate investments and tourism business are:
- Exemption from duties of recording on the acts of acquisition of grounds intended for the realization of a project. This regime also applies to companies investing(surrounding) in the regions of priority development.
- Regime of convertibility for the foreign investments realized in Morocco in currencies(slogans).
- Protection of the investments and the free transfer of the capital and the incomes of the capitalization.
- Guarantee of nondiscrimination enters foreign and national.
- Total exemption from the company tax on the first 5 years of activity.
- Exemption from the VAT and from the Obvious during 5 years.
- Exemption from the VAT for the acquired immobilizations locally.
Morocco concluded 51 bilateral agreements for the guarantee and the protection of the investments as well as 33 agreements of not double taxation.
Consult the list of the concerned countries:
http://www.financesmediterranee.com/pdf/pays/Maroc_IDE_15_12_2003.pdf
With for effect the influx of numerous pensioners for whom the Morrocan tax system is of the most advantageous with its 80 % of dejection on the pension.
In this context and in a booming country, whatever is your project, main or secondary home, guest houses, commercial activity … The investment in Morocco and in Marrakesh in particular, is generative of capital gain surprising.
FINANCING :
You can collect capital abroad quite as in Morocco. Indeed, the foreigners who can prove an adequate level of incomes (abroad as in Morocco) are eligible for the mortgage loan with the Morrocan banks. The law does not differentiate a foreigner of a Morrocan citizen, during the acquisition of an immovable or land property.
Furthermore, the product of the sale of any property, in main home during at least 8 years is tax-exempt and in its entirety transferable on your European accounts.
Today, many Europeans choose Morocco for a peaceful retirement under the sun.
A new El Dorado for the French pensioners.
Our team will be happy to assist you throughout the cycle of your investment, by beginning with the identification of potential properties, during the purchase and during the renovation, until the stage of realization of a profit by the rent or the sale. Consult our list of properties to be sold.
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