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Information on Morocco

Discussion forum for expats moving to or living in Morocco.

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Information on Morocco

Post Posted: Sun Jan 23, 2005 11:06 pm

The following are extracts from emails exchanged between 2 of our members, Topaz (who lives and works in Morocco, with her family) and Rashad (who wants to move there with his family, his wife is Moroccan)...

I think you will be happy living in Morocco. It is modernizing fast (but that means costs are going up, too). I advise renting a villa for one or two years while you look around for a place to buy (you must put down 10 percent of the purchase price, to secure the contract for purchase, unlike the 2-3 percent you put with the realtor in the U.S.) I have purchased two pieces of real estate in Morocco, but have never arranged financing here, so I can't tell you about that part. They don't loan money on land here, and loan a lot less on houses, etc., so that probably contributes to there not being crashes in the market here, as we often have in America.

If you are going to move here, and if you have a houseful of accumulated furniture and possessions, I suggest you look into having a full container shipped, especially if the move is going to be permanent. (That is what I did, and I am SO glad I did it.) Your wife is allowed to bring in all of the possessions DUTY-FREE, but only ONE TIME. Contact the Moroccan Embassy, in New York, for those procedures. If you do that, DO NOT bring any electrical goods—it's not worth the hassle. I DID, and it is just not worth it. Electricity here is 220V with 50 CYCLES (which means anything with electric clocks does not work properly).

More info to follow, thanks to Topaz and Rashad!!

Jo


_________________

Jo James
Expat Focus
Web: www.expatfocus.com
Blog: www.expatfocus.com/blog

 

jojames
Expat Focus Administrator
 
 
  
Re: Information on Morocco

Post Posted: Wed Jan 26, 2005 3:25 am

Jo,

I am interested in buying an apartment/riad in Morocco. You had mentioned that someone had bought 2 properties with 10% down to secure it.

If you cannot get a loan on property and you put 10% down, how and/or who do you pay the balance to?

I have been having a lot of problems finding information on this and would be grateful for any assistance or advice.

Thank you so much.
Regards,
Elizabeth

 

ecsouthworth
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Newbie
 
 
  
Re: Information on Morocco

Post Posted: Wed Jan 26, 2005 10:55 pm

Hello Elizabeth,

A warm welcome to Expat Focus, and thanks for joining us in the forums.
The info about purchasing property in Morocco was supplied by one of our members, Topaz, who lives and works out there. You could try sending her a private message, asking if she would give you an idea what is involved, how she successfully bought property there??

I hope that helps, please keep us up-to-date with your progress. Who knows, Topaz may even be reading this post...she's been absolutely excellent at sharing her experiences and giving useful advice to would-be expats.

Kind regards,

Jo


_________________

Jo James
Expat Focus
Web: www.expatfocus.com
Blog: www.expatfocus.com/blog

 

jojames
Expat Focus Administrator
 
 
  
Re: Information on Morocco

Post Posted: Thu Jan 27, 2005 6:43 am

Thanks for the kind welcome Jo.

I sent an email to Topaz and actually found out some information from a few realtors over there. They told me that in order to secure a mortgage 50% downpayment is required. Not sure if that's a fact or not, but that has been the consensus so far.

I am traveling to Marrakech in February to look at homes. I will definitely give an update when I reurn. I hope Topaz can share some "insider" info for a curious novice.

Best,
Elizabeth

 

ecsouthworth
Newbie
Newbie
 
 
  
Re: Information on Morocco

Post Posted: Thu Feb 10, 2005 7:25 pm

Dear Elizabeth,

I sent you two messages to your private box here in the Ex-Pat Foucus website. Just mentioning it here so that you will check--I just found your message there to me today!

Regards,
Topaz

 

Topaz/Morocco
Regular Poster
Regular Poster
 
 
  
Re: Information on Morocco

Post Posted: Wed Aug 10, 2005 7:36 pm

I'm trying to find out details of any expatriate clubs/socieities in Morocco (I don't mind where as long as they are in Morocco!). Does anyone know of anything, I've spent ages surfing the web to no avail.

Thanks in advance!

Jimjams

 

Jimjams
Newbie
Newbie
 
 
  
Re: Information on Morocco

Post Posted: Mon Oct 24, 2005 3:17 am

Dear JimJams

There is an English-language bookclub that meets monthly in Marrakesh (contact Mary at mlmimouna @ hotmail.com). In Casablanca, there is an American Women's Club (service club) that meets monthly (contact through American Consulate, Embassy, or check at the American Language Center in Casa--they should know).

Topaz/Morocco

 

Topaz/Morocco
Regular Poster
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