Is Morocco a good place to start a business?

Morocco is a great market for business opportunities in the food sector and there aren’t many international restaurants. So, opening one would be a profitable business.

What is business like in Morocco?

Business in Morocco Moroccan business practices are greatly influenced by the French and emphasize courtesy and a degree of ritual. Moroccans favor doing business with those they know and respect. Therefore expect to spend time cultivating a private relationship before a business is conducted.

What is the main business in Morocco?

In a nutshell the main industries in Morocco are phosphate rock mining and processing, food processing, leather goods, textiles, selling of arts and crafts, construction, and tourism. Morocco’s main trading partners are France and Spain.

Is Morocco a good investment?

Last, Morocco being a country of rapid economic growth, you can expect to enjoy some good added values, together with a high rental return, 6 to 8 \%, from your real estate investments. In conclusion, real estate investment in Morocco is an advantage.

Can foreigners own business Morocco?

Morocco wishes to encourage foreign investors and to provide them with the same rights and advantages as local investors. Foreign direct investment has been permitted in virtually all sectors of the economy since 1990.

Is Morocco a good place to buy property?

Its proximity to Europe and its good climate all year round, along with a diverse culture, rich history and world famous cuisine, make Morocco an ideal place to buy property.

Can I buy a house in Morocco?

The short answer is that YES, foreigners can buy property in Morocco with very few exceptions. Even foreign non-residents can buy property in Morocco and it is a very friendly investment environment.

Is Morocco safe for business?

Control Risks, the specialist risk consultancy, issued its 2017 RiskMap showing that Morocco continues to maintain its standing as the safest country for business and travel in North Africa.