Tax in Morocco
In order to encourage foreign investment, the Moroccan government is focusing on promoting investment incentives to ensure that Morocco becomes a more attractive place for foreigners to invest in property.
See below for the current favourable tax legislation in Morocco:
UK-Morocco Tax Treaty
This dual tax treaty is in place thus ensuring foreign investors do not pay Capital Gains Tax in both countries.
Capital Gains Tax
No Capital Gains Tax is payable after owning a property for 10 years; if the property is sold within five years, 20% tax is payable; and if the property is sold between six and ten 10 years then 10% is payable.
Property Tax
For the first five years the property is exempt from paying property tax.
Maintenance Tax/Garbage Collection Tax
For first 5 years the property is exempt from maintenance tax, after which time 10% of the property's annual rental income is levied.
