Key investment facts
- Morocco plans to make tourism the country's primary export
- Massive government investment in infrastructure
- Plans to increase tourism to 10 million annual visitors by 2010
- Booming property market
- Property prices 50% less than other European resorts
- Rental occupancy of 85% in peak season
- Low cost of living offering luxury lifestyle at affordable prices
- Open skies policy signed in 2005 allowing low cost airlines into Morocco, creating competition and lowering prices
- Good transport links with UK, including new routes for Ryan Air and Easyjet
- Excellent Mediterranean climate, with 320 days of sunshine every year
- Only 3 hours flying time from the UK
- English, French and Spanish widely spoken, as well as traditional Arabic
- Familiar investment regime (using notary supervised registration, like France and Spain)
- Flexible mortgage packages available
- Double tax treaty between UK and Morocco
- Capital gains tax of just 20% on profits (but after five years it reduces to 10% and after ten years it is 0%)
- Easy repatriation of investments proceeds
- 0% inheritance tax if passed directly onto family member
- Low property taxes
