Quote:
Originally Posted by bess
Hi Tangier - irt would be helpful if you gave some details rather than a scare story?
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What the agents tell you about owning a property in Morocco Tax property tax rental its not true.
You must own yor property NOW for 8yrs or more-not to pay any tax. when i had my house it was 5yrs. i sold it after 5yrs but was told that i still had to pay 20% tax.
Thats all the Agents will try and do is sell you the property then thats it.
Now i rent my property.
Its up to you thats what a moroccan will say its your money.
And thats true??????