Getting To The Point – Houses

Great Investment Ideas for Marrakesh Real Estate The investment in the real estate markets of Europe and the US have been made difficult and risky due to the international financial crisis. Alternative markets are looked into by many investors in order to make their investments stable and with enough profit margin to make a worthwhile investment. Investment in Morroco particularly Marrakesh, constitutes to be a proven and an attractive destination for destination in the last many years. An example of a great investment in Marrakesh is the riad, which is a traditional Moroccan house or palace with an interior courtyard of garden. There are obvious reasons economically that make Marrakesh real estate a great investment possibility. First to mention is that the real estate market in Morocco has proven to be a very strong market and with a great growth during the last many years, despite the problems in property in nearby European countries. The dependence on the European and other international markets has stopped to be a concern among investors in this country. Another reason is that the Moroccan tax system encourages and strongly agrees on foreign investment. For example, you will have a savings of up to 10% of your original investment added up due to the exemption of taxes on turnover profits during the 5 years. It is also an encouraging fact that the transfers, invested capital and capital gains are fully guaranteed by the Moroccan tax system.
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In terms of financial competitiveness, Morocco may be considered as a fairly young market in the real estate. But, it was affected very little by the recent financial crisis which shows a viable monetary stability. The banking structure also in this country has been renowned for its solidity and discretion which makes investment in the country a safe action. The young, ambitious, and very highly qualified executives and economic organizations in Morocco has helped in demonstrating the competitiveness of its young market.
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Marrakesh particularly, is a Morocco’s favourite tourist destination, contributing 30% of the total visitor each year, and this is due to the country’s best and safest regulation in the real estate market. Because of the welcoming environment in the economy of Morocco, its foreign exchange is secure, and its economic, financial and banking institutions have increasingly liberalized and created. Planning to invest in real estate in Marrakesh has more other reasons due to the fact that it is still a developing country, has a large network of financial, legal and fiscal advisers, and it continues to show a sharp increase of visitors. Investing in real estate in Marrakesh has further reasons in the fact that the city is a great and ideal place to spend your holidays and to retire, and with the city’s charm, historic monuments, entertainment and shopping opportunities, it is known to be the Pearl of the South.

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