| Re: Repatriation of funds You must open an bankaccount in Morocco in dirhams converibel . In this way all the transfer of money past to the office of change in Casablanca. When you buy a property , the notaire inform the office of change . When you sell you property , the notaire hold the money untill you can prouve that you pay the 20% taxe between the buy price and the sell price. After this you transfer all the money to Europe. The 20% taxe on the profit is a maximum , if you prooof that you don't have profit anyway you will pay a minimum of 3% because the administration knows that you don't give the right figures. |