- Situation - Situated on the western end of North Africa, the kingdom of Morocco has a coastline that stretches from the Mediterranean to the Atlantic.
- Languages Spoken - Mainly Arabic & French. Spanish spoken near to the Med Coast and English in most Tourist areas.
- Currency - Dirhams. 1 Moroccan Dirham = 100 centimes.
- Time Zone - Greenwich Mean Time (same as UK)
- The Economy - Agriculture: exports include cereals, Dates, figs olives, almonds,oranges and lately bananas and roses
- Minerals - Morocco has a rich reserve of phosphates( approx three quarters of the worlds stock, this has historically accounted for about 40% of it’s export earnings.
- Entry requirements - Passport. ( Check passport validity and visa requirement for some countries).
- Transportation - Railway network 1.893 km, Highways and paved roads 59.474 km.
- Electricity - 220/240 volts.
- Driving - On the right side.
- Airports - Agadir, Al Hociema, Casablanca, Dakhla, Essaouira, Fes, Laâyoune, Marrakech, Nador, Ouarzazate, Oujda, Rabat-Salé, Tangier and Tetouan.
- Climate - The climate varies according to the regions, the coast has a very mild climate in the summer and humid in the winter, average temperature from 16°C to 26°C. Inland is much warmer during the summer up to 33°C.
Why Morocco
- Property prices are in some cases as much as 60% cheaper than similar European Resorts.
- Morocco has an incredibly low cost of living in comparison to other European resorts.
- It is a property hot spot and the best by far in comparison to other emerging markets worldwide.
- Only 3 hours from London
- No rental tax for 5 years.
- Capital gains tax is 20% on profits over €60,000 - After 5 years that goes down to 10% and after 10 years there is no capital gains tax as it is rated at 0%.
- There is no inheritance tax if you leave your property to a family member.
- The Open Skies agreement starting in Morocco in January 2007 will open the country up to all the low cost airlines such as Ryan Air, Easy jet, Monarch, BMI etc.
