28th July 2008: Marrakech Property News
Sun, sand and tax benefits - three reasons why Moroccan property is rising in popularity with British retirees. Foreign exchange specialists Currencies Direct recently revealed that there has been a significant surge in demand for Moroccan dirham, suggesting the country is becoming increasingly popular with property-seeking Brits.
According to the company's latest Overseas Property Investment Index (OPII), Morocco is the third most popular destination for property purchasers in the 60 or over age range, behind Spain and France.
Morocco’s government has an agreement in place with the UK to ensure that residents are not taxed by both countries, and many will also be pleased to hear that inheritance tax does not exist in the country.
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