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Financials
How much does it cost to buy a property in Morocco? How much does it cost to maintain
a property in Morocco? How can you finance the property? What about employment,
claiming your pension in Morocco, or finding other sources of income? And what is the
biggest financial mistake that Moroccan property buyers make? Find answers here…
Claiming your pension in Morocco
24th November 2011 - 06:28Morocco’s rich culture, affordable property and a very cheap cost of living makes it an attractive retirement destination. Food, necessities and transport are all a fraction of the price you pay in the UK so it is no wonder people are making Morocco their home, where their UK pensions will go much further. If you are currently paying into a pension scheme in the UK then you won’t need to worry what happens to it when you move to Morocco as you can take your pension with more...
Tax planning for a move to Morocco
12th October 2011 - 03:47Tax planning for a move to Morocco Making the decision to move to Morocco is an exciting yet daunting one. As well as the fun task of finding a new home to live in, there will be several more serious issues to confront, and one of these is tax. If you do not find out exactly what sort of tax amount you should be paying then you could find that your budgeting for life in Morocco is not accurate. The last thing you want is to believe that you will be taxed a certain amount only to more...
Cost of living in Morocco
31st August 2011 - 04:12The cost of living in Morocco today can almost be likened to that of Spain twenty years ago, with the only difference being that it has all the modern necessities that the tourist or local could need. The overall cost of goods is inexpensive; however things in supermarkets and other shops really are open to ‘negotiations’. Try not to think that you have got a bargain, as it is unlikely you will ever get the same price as a Moroccan national will get! Public prices, more...
Financing a property in Morocco
21st July 2011 - 04:36Morocco is a diverse and traditional country and it is this that draws people to its shores every year. Many people enjoy the rich culture that Morocco has to offer and the more modest ways of living. It is possible for foreign nationals to obtain a mortgage in Morocco, though they must be able to show that they have the means to keep up with repayments and there will be a deposit to pay, usually around 30% - 50% of the property price as mortgages are usually a maximum of 70%. more...
Financing your property in Morocco
8th June 2011 - 06:57Over the last few years, Morocco has started to become the home of luxury properties. As a result of this, more and more people are deciding to buy property there; either to live permanently or to have as a holiday home. Mortgages are also available to foreigners in Morocco, and are available for up to 70% of the price of the property you intend to purchase. A cash deposit of 30% or more will be required; this is paid once contracts have been signed by both parties. The easiest more...