Spain
Spain Considers New Tax on Non-EU Property Buyers Amid Housing Crisis
Faced with the housing crisis it is facing, Spain is considering introducing a tax on properties purchased by non-European nationals, including Moroccans.
Topic
Real estate
Morocco
Morocco Probes Citizens' Luxury Real Estate Purchases in Spain
The controllers of the Foreign Exchange Office have sent letters to Moroccans owning luxury apartments and villas in Spain, inviting them to regularize their situation and justify the means of transferring the funds used to acquire these real estate assets located in particular in Madrid and Marbella.
Morocco
Land Dispute Threatens 2030 World Cup Plans in Casablanca
The land registry services of the Aïn Chock district, in the Casablanca region, are recording hundreds of complaints concerning the ownership of land intended to host infrastructure planned as part of the organization of the 2030 World Cup.
Morocco
World Cup 2030 Preparations Marred by Real Estate Scandal in Morocco
As the Casablanca-Settat region is gearing up to host the 2030 World Cup that Morocco will co-organize with Spain and Portugal, reports indicate suspicions of real estate speculation involving municipal presidents and intermediaries.
Morocco
Casablanca Region to Tighten Building Permit Requirements
The wali of the Casablanca-Settat region, Mohamed Mhidia, and the Regional Investment Center of this same region are working in perfect synergy to implement new measures to be included in the building permit application procedures.
Morocco
Labor Shortage Threatens Morocco's 2030 World Cup Construction Projects
In Morocco, the labor shortage in the construction and public works sector is a real and widespread problem that could have a negative impact on the major construction sites opened as part of the preparations for the 2030 World Cup. Professionals in the sector are proposing solutions.
Morocco
Moroccan Court Hands Down Lengthy Sentences in Major Land Fraud Case
The members of a network specialized in the spoliation of public and private lands were sentenced on Wednesday by the Court of First Instance in Fez to more than 94 years in prison, accompanied by fines and the payment of 800,000 dirhams to the Ministry of the Interior as damages.
Morocco
Moroccan Tax Authorities Intensify Audits on Luxury Real Estate Developers
The existence of new fraudulent practices has prompted the control services of the Directorate General of Taxes (DGI) to intensify their tax audits against several real estate developers and companies specializing in the construction of luxury housing.
Morocco
Morocco Overhauls Real Estate Transfer Process for 2025
In Morocco, property transfer will no longer be done as before, as the 2025 Finance Act has revised the conditions applicable to the registration of deeds and agreements with the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC).
Morocco
Moroccan Teachers' Housing Loans Increased to 200,000 Dirhams by Education Foundation
The Mohammed VI Foundation for the Promotion of Social Works in Education-Training has increased the amount of real estate loans granted to teachers under its IMTILAK housing assistance program, launched in 2019.
Morocco
Dubai Real Estate Ads Target Moroccans, but Legal Hurdles Pose Risks
Online advertising campaigns on real estate investment in Dubai are attracting, but residents should not rush headlong, at the risk of being trapped. The legal complexities involved for foreign owners require caution.
Morocco
French Audit Uncovers Undeclared Luxury Properties Owned by Wealthy Moroccans
In France, reports reveal the identities of wealthy Moroccans as well as those of their wives and children, owning luxury real estate in Paris, without having declared them to the Moroccan Foreign Exchange Office or the Moroccan tax authorities.