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  Kingdom of Morocco

  Population: 33,241,259

  Coast: Atlantic Ocean,

  Mediterranean Sea

  International borders:

  Algeria, Spain, Mauritania

  Climate: Mediterranean

  Currency: Dirham

 


Culture and fate

Welcome to a country with 3,500 kilometres of beautiful, unspoiled beaches and around 3,000 hours of sunshine every year. Welcome to a multicultural society fashioned over the years by international visitors. Welcome to Morocco.


When it comes to holiday destinations, Morocco has become a viable alternative to countries such as Spain, Thailand, Bulgaria, Turkey, Egypt and Brazil.

Favourable winds are blowing through Morocco. The country is built on a firm economic foundation, guaranteeing long-term security for those who choose to invest here.

A developed infrastructure

Morocco has a clear plan for the future development of tourism. The goal is to increase the flow of leisure travel from the current six million visitors a year to around 10 million by the year 2010.

Because it has been decided that tourism is to be the motor that will drive social development, considerable investment is being made in infrastructure. New roads and railways are being built throughout Morocco. And the opening of the tunnel planned between Gibraltar and Tangier will bring Europe and Africa even closer together.

A huge array of choice

Morocco offers a unique blend of the old and the new. Its mythic culture keeps company with a more modern lifestyle. And it offers a vast range of recreational activities including golf, skiing, hiking or swimming - pick and choose as the mood strikes you.

Reasons for investing in Morocco:
. Low property prices compared with other popular areas.
. New, modern road and rail connections across the entire country.
. Tax-free income for the first five years when renting property.
. No inheritance tax when property is made over to other family members.
. Favourable capital gains tax.


Morocco facts:
. Government: Constitutional monarchy.
. Total area: 459,000 km2.
. Population: 31.9 million.
. Currency: Dirham.
. Religions: Islam (99 percent), Jewish and christian.
. National day: 14 August.
. Capital: Rabat.
. Largest city: Casablanca.
. Highest mountain: Jbel Toubkal, 4,165 m above sea level.
. Natural resources: Phosphates, iron, manganese, lead, zinc and coal.

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