Selling Property in Morocco from Abroad: Tax, Power of Attorney, Procedures

The TPI (Taxe sur les Profits Immobiliers) rate is 20% on net profit, with a minimum of 3% of the sale price. A 5% allowance per year is applied from the 5th year of ownership onwards.

Yes, if the initial purchase was financed with foreign currency (transfer via MRE account). The Office des Changes authorises the repatriation of the amount invested in foreign currency plus any capital gains.

If the purchase was financed in foreign currency (transfer from abroad), the Office des Changes authorises repatriation. Present the original transfer slips, the deed of sale, and the tax receipt to your MRE bank.