For non-resident buyers, foreign currency investments will be declared to the foreign exchange control office which guarantees that the proceeds from the sale can be transferred to their country of origin if the property is sold on.

A convertible dirham bank account must be opened at a local bank (French banks are often shareholders in Moroccan banks) where funds from abroad can be deposited.

As its name suggests, this system entitles foreign investors to take advantage of the convertibility scheme (Dahir of 15/09/92); they can buy property, repatriate funds (sale, capital gains on sales, rent. and, receive funds from abroad (retirement pensions, salaries, miscellaneous funds,...).
There is no estate duty for Moroccan nationals..

Non-residents come under the provisions of tax agreements between Morocco and a large number of countries to avoid double taxation.

Retired foreign nationals living in Morocco can transfer their pension to a non-convertible dirham account: they are then entitled to a reduction of 80% on the tax on their retirement pension.

It is also possible for them to transfer only a part of their pension, to cover their living expenses in Morocco; the tax rate is then fairly low, at around 5 to 15%.