Is the property purchased in Euros or in Dirhams?
If you are a resident in the Country, the property is purchased in Dirhams. If you are from outside Morocco, the purchase is made in Dirhams, but is paid for in Euros or other currencies. Paying in foreign currency allows the money to be taken out of the country (Morocco) at a later date. • Is the exchange rate guaranteed if payment is made in foreign currency? The exchange rate is not guaranteed. As a general rule, Marina d’Or advises its customers to take out an exchange rate insurance policy with their bank. Nevertheless, the economy in Morocco is stable and is in itself a guarantee of stability.
