Buying Property in Morocco from Abroad: Complete Guide for MREs and Non-Residents (2026)
Aqarrati Team
Moroccan Real Estate Experts
MREs and foreign non-residents can acquire real estate in Morocco without restrictions for residential properties. Foreign investment surged 55% between 2024 and 2025. In 2026, key rules include the mandatory convertible dirham account, a minimum 20% down payment for financing, and total acquisition costs of 9 to 12% of the price.
Can You Legally Buy in Morocco?
Yes. MREs and foreign non-residents have the right to acquire real estate in Morocco without specific restrictions for residential properties (apartments, villas, houses). One notable exception: agricultural land, which remains in principle off-limits to non-Moroccans without specific administrative authorization.
The Convertible Dirham Account: A Mandatory Step
This is THE prerequisite for any real estate purchase from abroad: you must open a convertible dirham account at a Moroccan bank. This account is linked to your non-resident status and allows you to repatriate funds if you sell the property in the future. Opening one is straightforward: passport plus proof of foreign address. Major Moroccan banks (Attijariwafa, CIH, BMCE, Banque Populaire) are well-versed in this process.
Financing: What You Need to Know
Mortgage access in Morocco is available to non-residents, but under different conditions. In 2026, regulations cap financing at 80% of the property value for foreign non-residents, meaning a minimum 20% down payment is required. For MREs, some banks offer more flexible terms through dedicated programs.
Fees to Budget For
| Fee | Estimated Amount |
|---|---|
| Registration duties | 4% of sale price |
| Notary fees | ~1% + VAT (20%) |
| Land registry fees | ~1.5% |
| Agency fees | 2.5% to 5% |
| Total estimate | 9 to 12% of price |
Pitfalls to Avoid
- Buying without verifying the title deed: ensure the property is registered at the Land Registry
- Signing a preliminary agreement without a forfeiture clause: this protects you if the property does not match what was agreed
- Ignoring tax obligations in your country of residence: rental income and capital gains may be taxable there too
- Overlooking tax treaties: France, Belgium and Canada have agreements with Morocco to avoid double taxation
Frequently asked questions
Is a Moroccan notary mandatory?
Yes, a notary is required for the final sale deed. For the preliminary agreement it is not legally required but strongly recommended to avoid disputes.
How long does a purchase from abroad take?
Allow 2 to 4 months on average: 1 to 2 weeks for the preliminary agreement, 1 to 2 months for financing (if applying for a mortgage), and 2 to 4 weeks for the final notarial deed and land registration.
Can you easily resell and repatriate the money?
Yes, provided you bought via a convertible dirham account. The sale proceeds can be fully repatriated abroad after payment of Moroccan capital gains tax.
What taxes apply to rental income in Morocco for non-residents?
Rental income in Morocco is subject to income tax at progressive rates, with a 40% deduction on gross income. Tax treaties may reduce or eliminate double taxation depending on your country of residence.
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