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Morocco: Jet to Let Guide to Morocco
Why invest in Morocco?
Morocco is one of the fastest rising stars among jet-to-let investors. Located in North Africa, but at points less than ten miles from mainland Spain, the country benefits from both a fantastic climate and a unique cultural mix. Its geographical position puts it within easy reach of UK airports, but far enough away to give this exotic place some serious jet-to-let potential.
The story so far…
For 12 centuries Morocco succeeded in holding onto its independence, even during most of the colonial period. However, in 1912, France took control of most Moroccan territory while a small part in the north was occupied by Spain.
After gaining independence from France in 1956, the country went on to regain control over Spanish-occupied areas, leading eventually to a military conflict. Some of the Spanish-ruled area was retaken, but to this day Spain continues to occupy the small enclaves of Ceuta and Melilla in the north.
The 1990s brought an era of modernisation and liberalisation for Morocco and included empowering the regional governments and establishing non-governmental organisations. Recent key events were the establishment of a bi-cameral legislative body in 1997 and the signature of free-trade agreements with the US and European Union (EU) in 2004, leading to significant opportunities for economic growth.
Where is it?
Morocco is in the north-west corner of Africa. It has a long coastline of approximately 1,835km facing the Mediterranean Sea on the north and the Atlantic Ocean on the west. The country shares borders with Algeria and an area of Western Sahara. Morocco has a total area of 446,550km squared.
What is the weather like?
The climate is one of the main attractions for visitors to Morocco. It’s extremely varied with temperatures over 40°C in the summer and not dropping below 15°C in the winter. As a result, Morocco is a fantastic place to live or visit throughout the year.
More pages
Page 1: Why invest in Morocco?
Page 2: Language
Page 3: Inflation
Page 4: Economic summary
Page 5: Hotspots
Page 6: Taxes
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