Africa & Indian Ocean · North Africa

Morocco

No investor programme at all — but an 80% tax reduction on repatriated foreign pensions, the strongest passport in North Africa, a reformed but still-useful Casablanca Finance City regime, and no CRS exchange until 2028 at the latest.

Last verified July 202672 visa-free destinations

Tax position

Income tax (top)
37% (on income above MAD 180,000)
Capital gains
20% on real estate (minimum 3% of disposal price); 20% on securities for residents; principal residence held 6+ years exempt
Wealth tax
none
Inheritance tax
no standalone regime — handled through registration fees; direct heirs and spouse not taxed at standard rates
Special regime
80% reduction in income tax on foreign-source pensions duly repatriated to Morocco (Art. 76 CGI), stacking with the general pension deduction of 70% on the first MAD 168,000 and 40% above; separately, Casablanca Finance City offers employees an optional flat 20% rate for up to 10 years
Territorial
No — worldwide income taxed
CFC rules
No
Exit tax
No
CRS
Participating

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