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Without any doubt - Morocco has the best service in the World, not only in doing property business and making a lot of money, but you also get the best care in the World when it comes to medicine. Here is an example how they care for their patients. ‫ This patient got thrown out of the...

Currency restrictions: The import and export of local currency is prohibited; all local currency must be reconverted prior to departure. The import and export of foreign currency is limited to amounts equivalent to £10,000 and must be declared on arrival and departure. Read more: Morocco...

Currency restrictions: Morocco Currency and money Guide. The import and export of local currency is prohibited; all local currency must be reconverted prior to departure. The import and export of foreign currency is limited to amounts equivalent to £10,000 and must be declared on arrival and...

Hi, Do you have a Moroccan account ''in dirhams convertibles''? Your bank cannot do a transfer out of Morocco without permission from the Office des Changes. You need to prove that the money came from the UK originally, via a traceable bank to bank transfer uk/Morocco. You also have to provide...

Do this and you could still get 'stung' for extra capital gains tax - just like we did. We honestly declared the full selling price - what good did that do us. They still stung us for CGT on the extra they said the property was worth. And ours was a villa we had built ourselves - after buying a...

Conflicting reports If the year end 2008 was marked by the financial international crisis (and the collapse of the biggest stock market world-wide places),this is around the real economies to be impactées with tensions on the activity sectors such as the real estate, the textile, or the...

We have just come back from there in one piece and we thank God! The best thing about the whole fiasco of building/selling a property there was being able to do a transfer of what little the moroccan authorities left us with after selling our house. It took no less than 3 months to accomplish...

Re: FADESA Saidia Auteur: El Gitano [MP] Date: le 08 décembre 2008 à 23h49 Moi asussi j'ai fait une grande erreure comme med75016 avoir acheter au maroc. Mon cas a moi etait un peut different , car j'ai achete un lotissement de chez CGI qui sont reputes et respectes au maroc. ces...

For those of you trying to find out information on lost deposits ect ,you will find plenty of others in the same position as yourselves if you lookon the YABILADI forums. There is an English speaking section on there for those of you who do not speak French. FADESA Saidia Auteur...

Problems , problems , and only problems selling and getting your money out of here .will tell you later.

Yes, well once you get your fingers (badly) burned..........! Update - we ended up paying TPI (Capital Gains Tax) on an extra 500000 dhs worth of non-existent profit as the tax office decided the house was worth more than we sold if for! The same was happening to all sellers - Moroccans too.

Me too! Buyers beware - the Moroccan Government steals from you as much as other individuals. Our property was sold for a genuine, 100% declared, amount, and then we were hit by the bombshell of a revision of TPI tax on 50,000 euros extra of non-existent 'profit' as they said the house was worth...

Can you take your money out of Morocco?? Good question - I recently could not even get 2000 euros out of my Moroccan bank account (even though I am a foreigner and have an account in 'dirhams convertibles') I had to ask a friend with an account at the same bank (although the rule is the same at...

Zela speaks for himself ,and I dont know for what reason he made this statement and such crappy reaction. In Morocco you can find all types of food , Moroccan, Middle Eastern food , Chinese, McDonalds and all other food. English food can only add more choices , spice, and give it an...

Is there anyone on the forum who can please explain how the TVA is calculated on the sale of a property in Morocco? Is it calculated by deducting the purchase price of the land from the selling price of the completed property? If so, what percentage? How much approximately should be payable if...

You can still get thrown in amongst the wolves over there even if you DO speak the lingo (fluently in our case as we are an Anglo/Moroccan couple) Just accept that corruption is rife - you will not get anything done as it should be done, even at Government departments (especially at Government...

Youtube Saidia http://www.youtube.com/watch?v=GCf8_MW2PH

Yes, the motorway splits into two, with one direction ''Tangier Centre Ville'' and the other clearly signposted ''Tangier Med - Port'' with pictures of a car ferry, which confused us as we thought it was a new link direct to the old port by-passing the City Centre. It also confused several other...

Development at Saidia. http://www.youtube.com/v/nIk-MG0sqic&hl=en The above is an interesting report on buying properties in Saidia.

It's the new development/town of Tamesna, near Temara, Rabat. The British agent contacted me through the RightMove website in the UK. I may still have her details in my inbox - I will look later. I actually complained to the organisers of RightMove too - as they were advertising apartments near...