Buying Costs in Morocco: Taxes, Fees and Moving Money

The purchase costs on top of the price

Registration duties (droits d'enregistrement) are due on property transfers. Rates range from 1 to 6 per cent depending on the type of transaction, according to PwC's Morocco tax summary. On top of that come land registry (conservation fonciere) fees for registering the title with the ANCFCC, and the notaire's fee for handling the deed and completion funds.

Exact rates are set by Moroccan finance laws and can change, so ask your notaire for a written breakdown of duties and fees before you sign anything. As a July 2026 Morocco World News analysis noted, registration, land registry and notary fees sit on top of the negotiated price, so factor them in before you agree a number.

VAT and ongoing taxes

Morocco's standard VAT rate is 20 per cent, per PwC. Whether VAT is relevant to your purchase depends on what you buy and from whom; a new build bought from a developer is treated differently from a resale between private individuals, and your notaire will confirm the position for your specific deal.

Once you own, local taxes apply to residential property, and rental income and gains on resale are taxable in Morocco. Rates, allowances and exemptions change over time, so check current figures with the Moroccan tax administration (Direction Generale des Impots) or a local accountant rather than relying on older guides.

Bringing money in: do it through the banks

Cross-border transfers involving the dirham are overseen by the Office des Changes. For a foreign buyer, a property purchase counts as a foreign investment: the acquisition of real estate is one of the investment categories expressly recognised in its rules.

The key condition is to finance the purchase in foreign currency transferred from abroad through the Moroccan banking system. Those transfer records are what later prove your money came in from outside Morocco, which is the basis of your right to take it out again.

• Send funds by bank transfer in foreign currency, never in cash
• Keep every transfer confirmation and Moroccan bank statement
• Ask your bank, as the authorised intermediary, about declaring the investment to the Office des Changes

Getting money out: the convertibility guarantee

When an investment is financed in foreign currency, the Office des Changes convertibility regime guarantees the freedom to transfer the income it generates and the proceeds of its liquidation. For property, the transferable income expressly includes rental income; on a sale, the proceeds can be repatriated, and transfers to non-resident heirs under a will or succession are also provided for.

The US State Department's 2024 Investment Climate Statement describes the same regime: full currency convertibility for capital transactions, free transfer of profits and free repatriation of invested capital.

Rules are being updated: check the current instruction

The Office des Changes has published a new General Instruction for Foreign Exchange Transactions (IGOC 2026), so procedural details are in the process of changing. Before moving large sums in either direction, confirm the current requirements with your Moroccan bank or directly with the Office des Changes.

Habio's Morocco buyer guides walk through the purchase process step by step alongside our listings, but for exchange-control and tax specifics the official sources above should always be your final check.