Taking Money out of Morocco

[Mylo]

If you sell your property in Morocco how easy is it to take the money out of the country as I have heard it is not that easy? I live in England and am looking to buy a home in Morocco in the next few months.

Does anyone know or have had experience when selling?

 

[Lee Filkins]

When you buy your property you will have to obtain a certificate from the Bank to confirm that your purchase was done by a non resident & and the foreign exchange was introduced into Morocco.

At the time of selling and subject to Capital gains tax deducted by the notary you can than take the residue of your sale proceeds out.

I however expect at some stage in future that all such hassles will be eliminated.