The maths does not appeal to an investor
Myasilah,
I do not disagree with you that Morocco is a beautiful and attractive country, What I disagree about is that the government are doing "all they can" to attract investors. VAT is 20% on new properties. VAT is now charged on rental income and mortgage interest - this does not feel like "removing the obstacles". This is not King Mihammed opening the doors and welcoming the international investor - this is the Moroccan government screwing any unwitting investor!
BTW - Dubai has no VAT, no Income Tax and no CGT. It is hardly a comparison!
Anybody who is a property broker in Moroccan properties (and I am one also) may choose to ignore these additional costs and fees that clients have to pay on their investment, but these clients will never come back to you again. If you want to make money in the long term, donīt pretend that Morocco is a top investment - tell the truth.
Your clients will appreciate it!
Andy
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