to 100K 100K - 150K 150K - 200K 200K - 250K 250K - 350K 350K + Saidia Property for Sale Saidia Property for rent 1 bedroom Saidia Property for rent 2 bedroom Saidia Property for rent 3 bedroom Saidia Property for rent 4 bedroom Saidia Property For Rent Saidia Holiday Rentals sleeps 2 Saidia Holiday Rentals sleeps 4 Saidia Holiday Rentals sleeps 6 Saidia Holiday Rentals sleeps 8 Saidia Holiday Rentals
General information about Saidia Saidia Golf Courses Saidia Restaurants Flights to and from Saidia Fact-finding trip to Saidia Area Information about Saidia
Property Sales in Saidia Property Management in Saidia Snagging Service in Saidia Furniture Packs in Saidia Resort Morocco Services
Mortgages in Saidia Currency in Saidia Land Sales in Saidia Investment Property in Saidia Resort Morocco Saidia Financial Services

Moroccan Tax Advantages

Government incentives for buyers in the UK include:

0% tax on rental income during the first 5 years

0% of taxes on capital gains if the profit is below 40K pounds or after 10 years of ownership

0% tax on estates when a property becomes another family member

100% repatriation of funds from the sale

 

The following is a very basic guide about the tax implications for investors in the UK.

STRATEGY TO BUY AND SAVE / RENT

PERSONAL INCOME TAX REVENUES BY RENTALS (IGR)

Investors from the United Kingdom using a strategy of buying for rent will have to pay taxes on this income. In Tangiers 66% of this income pay a tax of 22% (other parts of Morocco pay 44%). The city of Tangier is a 50% reduction on the rental income, thereby adding another advantage for investment in Tangier.

There is also a three-year exemption for the first three years in which owns the property.

PROPERTY TAXES (Taxe Urbaine) (Option holiday house staff)

The property taxes are paid annually. The first five years the owners are fully exempted. (Agencies property are not included). After 5 years, the tax is basa on the value of annual income for housing.

CORPORATE TAX

If you intend to buy a number of properties Moroccans, you might want to consider establishing a Limited Company Moroccan - the time it takes to mount a Moroccan Society Limited (SARL) is usually three weeks.

TREATY OF UNITED KINGDOM - MOROCCO

There is a double tax treaty between the United Kingdom and Morocco ensuring that investors do not pay IBI in both countries.

TAX HERENCIAS

This tax is 0% for family members. Always obtain professional advice before implementing any strategy with regard to inheritance tax.

The most important advice you can give on this subject is: Make a testamento Marroquí!

EXEMPTION OF IBI

When the property is sold after the owner for more than ten years.

When it has owned for more than 5 years but less than ten years. In this case the tax CFI (IBI) will be 10% of any capital profit that exceeded 1 million dirhams.  

STRATEGY TO BUY SELL

REAL ESTATE TAX BENEFIT (Taxe sur les Profits Immobiliers - CFI)

The tax benefits of real estate is 20% of the benefit with a minimum of 3% of the selling price of housing. The CFI (IBI) se basa en el selling price minus the purchase price.

The purchase price includes the following

• Expenses credits

• Costs for registration

• Minutes notary and taxes

• Repairs

• Minutes of Managers

• Inflation (based on a table of government)

 

The second option for calculating the purchase price is to add a 15% to the sale price. This option is used when there are no invoices to justify the expenses. 

TAX COLLECTION OF RUBBISH (Fiscalite des collectivites local)

There is a 5-year exemption from tax of garbage, which is set at 10% of the annual value of rental housing. 

TAX ON THE RENTAL HOUSING (Taxe Urbaine) (option investor)

Investors pay 13.50% on the value of rental housing.
  		 
Resort Morocco Saidia Contacts Newsletter signup Useful Links Resort Morocco Saidia Testimonials Resort Morocoo Contacts
Saidia News

Resort Morocco SarL for themselves and for the vendor of this property whose agents they are give notice that:- (1) These particulars do not constitute any part of an offer or a contract. (2) All statements contained in these particulars are made without responsibility on the part of Resort Morocco SarL. (3) None of the statements contained in these particulars are to be relied upon as a statement or representation of fact. (4) Any intending

purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give and neither do Resort Morocco SarL nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property. (6) Where every attempt has been made to ensure the accuracy of the details contained

here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission, or mis-statement. These details are for illustrative purposes only and should be used as such by any prospective purchaser. The services, systems and appliances shown have not been tested and no guarantee as to their operability or efficiency can be given.