Why invest in Morocco?
There are many reasons that make Morocco a perfect place to invest. The Morocco real estate market is booming with realistic growth of about 15% plus a year. With Morocco property prices still more than 50% plus below its European equivalent there is still considerable growth in the Morocco real estate market. The process of buying and owning a property in Morocco is safe and straightforward with a notary supervisory registration similar to France and Spain. Interestingly buying costs are 50% less than buying a property in Spain. There are advantageous tax concessions, 20% tax on any capital gains and low property taxes. Morocco is serious about tourism, and has embarked on a national tourism strategy that aims to increase the number of foreign visitors from 2.2 million currently to 10 million by 2010. Under Vision 2010, the Moroccan government has guaranteed to provide the necessary infrastructure to connect coastal resorts with the rest of the country and Europe by constructing 1,000
