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Why invest in Morocco?
- Favourable tax legislation
Morocco has adjusted its tax laws to help the buying process and make the country a more attractive place to invest in property:- Between 0% and 20% tax on any capital gains (capital gains is charged on property at the rate of 20% if sold within 5 years, 10% if sold within 10 years and 0% if sold after 10 years)
- 0% Inheritance Tax (if property is left to family members)
- No annual property tax for first 5 years (after which the amount due is dependent on the total annual rental income, not the value of the property)
- No maintenance tax for first 5 years (after which 10% of the property's annual rental income is paid)
- Dual Tax Treaty: UK and Morocco (meaning you do not have to pay capital gains twice)