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Overview Morocco is a relatively untouched up and coming investment location with steady capital appreciation and a growing tourism market. There are direct flights from most UK airports and English is widely spoken. Morocco has an excellent climate with temperatures from 22-35 degrees Celsius and 320 days of sunshine per annum. It has an excellent night life and stunning sandy beaches. Investor Statistics Capital growth in Morocco is around 15% and tourism is increasing by around 25% per annum. The worlds largest developer is currently building in Morocco signalling a possible "new Dubai". Rental yields are around 10-15% per annum. Taxation Alexander Richards would always recommend that you consult a tax specialist regarding your personal circumstances. Capital gains tax is set at 20%, however if the property has been in your possession more than 8 years, capital gains tax is not payable. Rental income is taxed, however there are dual-taxation agreements in place with the UK. Financing Mortgages are available and typical rates are 6%. You can borrow up to 70% of the value of the property on up to 20 years mortgage. Always consult a financial advisor for advice. |
Morocco
