Morocco - No tax on rental income for five years

For serious investors, Morocco must rate as one of the best investments around. Recent modernisation reforms have made it an exceptional place to do business and with a dual tax treaty between Morocco and the UK along with serious investment into infrastructure Morocco is in a superb position to attract overseas investors.

Rob Shaw Marketing and Operations Manager for Morocco Properties says, “Recent airline deregulation has led to over 100 direct flights every week between London and Marrakech and this was imperative in order for the economy and the property industry to move forward. Marrakech is well placed to compete alongside main stay European destinations such as Barcelona, Rome and Prague in the lucrative sector of city breaks. With flying time only 3 1/2 hours and flights starting from just 99 pence it is no wonder that’s its international appeal is broadening and property prices are boasting some fantastic growth figures.”

Rob continues, “For those looking to invest in Moroccan property, the biggest benefit is the low taxes. Firstly there is no tax on rental income for the first five years. This is a superb enticer and it is easy to see why so many are attracted to this. Secondly, there is no inheritance tax if you are leaving your property to a family member. Finally if you can afford to watch your investment grow for over 10 years and then there is no capital gains tax to pay. This is a good place to do business.”

Morocco Properties are now marketing the Atlas Golf Resort, just 4 km from the centre of town and in easy access of the airport. The development will offer a selection of apartments, detached and semi-detached villas and Riads. This secure gated community will include a championship 18-hole golf course along with three 4 & 5 star hotels, sports and leisure facilities, commercial centre, indoor market and all just minutes away from three other magnificent golf courses.

The properties will be built to an extremely high specification with traditional Moroccan architecture and will provide spacious terraces with great views to the golf course, landscaped gardens and communal pools all with the backdrop to the Atlas Mountains.

Prices start from just £56,000.

Morocco Properties Ltd is a UK based company offering detailed knowledge of the investment opportunities throughout Morocco. For more information, visit moroccoproperties.net.