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Investors turning to Morocco

Article Date : Monday, July 16, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

International property investors are setting their sights upon opportunities in Morocco, as the country becomes increasingly popular among buyers looking further afield.

New trends highlight Morocco as an emerging property hotspot, offering strong investment opportunities in the long-term in addition to a range of other benefits that can be taken advantage of.

These include the ability to offset tax against UK liability, no capital gains tax after owning a property for ten years and no inheritance tax if property is left to a family member.

In light of these factors Morocco is emerging as a leading destination for investors with a long-term outlook. One expert, Rob Shaw of Morocco Properties, highlights improved connectivity as a key factor in the growing appeal of Morocco among UK buyers.

"Recent airline deregulation has led to over 100 direct flights every week between London and Marrakech," he explained to CityWire.

Investors Provident reports that UK investors are shifting focus away from Europe to more "exotic" locations such as Morocco.
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