Morocco

King Mohammed VI of Morocco announced in 2001 his Vision 2010 as the guiding principle for Morocco's investment property and tourism development.

Morocco is the closest tropical country in terms of proximity to the UK. The land is amazingly diverse, both culturally and geographically, and offers ancient cities, stunning coastlines bordering both the Mediterranean and the Atlantic, a fabulous year-round climate, skiing in the Atlas Mountains, superb cuisine, and world-famous hospitality. To these national treasures add world-class golf courses, a modern road network, an open-skies policy for travel access, and rock-solid government backing, and you have just some of the reasons why this wonderful country has been tipped as "one of the hottest investment opportunities in the world".

• Star-performer emerging market. Perfect time for property investment (Source: Aviva Global Equity)
• Annual capital growth over 15%, and up to 30% in some locations (Source: Homes Overseas)
• Emerging boom property market with prices 50% lower than most European Markets
• No rental tax for 5 years
• Rental yields of up to 20% per annum
• Dynamic tourist industry creating a huge demand for rented accommodation (Vision 2010 Project)
• Year round rental market
• No inheritance tax on title transfer within the family, given a Moroccan will
• Safe investment, with a notary-supervised property register modelled on those in France and Spain

• This is an exciting opportunity to invest in a new growth area
• Morocco is less than 3 hours flying time from the UK and most other European cities
• Recognised by the rich and famous as the place to be seen - much like Marbella in the 70s
• The Moroccan government is actively supporting and promoting resort areas to attract foreign owners
• Morocco aims to attract over 10 million visitors by 2010
• Cost of living is low - so you can afford to spoil yourself
• The climate is warm and sunny with extremely low rainfall. The average temperature in summer is 29 degrees centigrade; between October and April it is slightly cooler, but very sunny
• The countryside is stunning and mountainous, with beautiful Mediterranean beaches
• Interesting places to visit and explore

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