OC 2026: Banks May Finance Up to 80% of Your Property Purchases
The new OC instruction makes it easier for MREs to access property finance in Morocco. A tangible change that opens new prospects for the diaspora.
The new Office des Changes instruction marks a significant turning point for Moroccans residing abroad who wish to invest in property in Morocco. Moroccan banking institutions are now authorised to finance up to 80% of a property's purchase price for MREs, compared to the often lower loan-to-value ratios previously applied across different lenders.
This measure forms part of a proactive policy aimed at strengthening economic ties between the diaspora and Morocco. In practical terms, MREs no longer need to mobilise as much personal capital to bring a property project in their home country to fruition. A deposit of just 20% is now sufficient to access mortgage finance, on the same terms as a Moroccan resident.
In practice, several conditions still apply: the property must be intended for use as a primary or secondary residence; income earned abroad may be taken into account (subject to translated and legalised supporting documents); and repayments must be made in foreign currency or by bank transfer from an MRE account.
For MREs considering purchasing a flat in Casablanca, a riad in Marrakech, or a villa in Agadir, this regulatory development represents a concrete opportunity. Consulting a financial adviser who specialises in MRE matters is still recommended in order to optimise your application and avoid administrative pitfalls. Approved Moroccan notaries can also guide you towards the banking institutions best suited to your profile.
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