The Moroccan real estate market is going through a major crisis, marked in particular by a 30% drop in transactions and a considerable gap between supply and demand. An expert proposes viable solutions to revive the sector.
The numerous complaints from Moroccans residing abroad (MREs) and non-resident co-owners have revealed a lack of transparency in the management of homeowners’ associations in collective residences.
The taxation of a property located in Morocco directly depends on its use. For a Moroccan residing abroad, the tax consequences vary depending on whether the property is used as a main residence, rented out, transferred to a relative, or sold. The Tax Guide details the rules applicable to each situation.
Official statistics reveal a particular real estate situation in the Tanger-Tétouan-Al Hoceima region. Approximately 334,000 homes remain vacant, which represents 15.6% of the total number of unoccupied apartments nationwide. A significant portion of these properties belongs to Moroccans residing abroad.
The Moroccan real estate market is going through a critical period marked by a 30% drop in transactions and a significant gap between supply and demand.
While she wishes to reintegrate her former home in Grabels, which was ravaged by fire in 2023 and is now rebuilt, a Moroccan woman and mother of several children suffering from bipolar disorder is facing enormous difficulties.
For many Moroccans living abroad, the acquisition of real estate in the country is a life project, a way to keep a foothold on their land of origin. But this dream can quickly turn sour due to a simple but crucial administrative formality. A strict deadline must be respected for any real estate transaction, under penalty of being subject to penalties that can quickly drive up the bill.
For Moroccans residing abroad (MREs) who are about to sell a property in the country, the issue of taxes can quickly become a headache. However, a little-known administrative procedure, but particularly useful, makes it possible to anticipate and secure the transaction from a tax point of view. This system offers visibility even before the signing of the final deed of sale.
As summer approaches, many Moroccans are disappointed by the high prices of accommodations and unpleasant surprises. Family vacations that turn into fiascos, pushing some to seek their happiness beyond the borders.
The famous American chain CNN has included a castle in Morocco among the most beautiful in the world.
For many Moroccans residing abroad , building a house in their homeland is the culmination of a life project. An ambition that can, however, conceal tax subtleties. A specific contribution, detailed in the tax guide, indeed frames these personal construction projects and could well surprise the owners when it comes time to settle the accounts.
If you are a Moroccan resident abroad and receive rent in Morocco, the tax law imposes certain obligations on you. Here is what the tax guide provides.