Remittances to Morocco Hit Record High of 117.7 Billion Dirhams in 2024
3 February 2025
The year 2024 was prosperous for money transfers from Moroccans residing abroad (MRE), according to the latest figures published by the Office des Changes.
Exchange Office
Morocco Sets Currency Import Rules for Expatriates Returning Home
3 February 2025
For Moroccans residing abroad (MRE), the import of currency into Morocco requires certain essential formalities that must be known. Whether you are returning with currency in (…)
Morocco’s Trade Deficit Widens 6.5% as Imports Outpace Export Growth
28 January 2025
Morocco’s trade deficit widened by 6.5% at the end of November 2024, reaching 275.74 billion DH against 261.36 billion DH in the same period of the previous year, according to (…)
Morocco Probes Citizens’ Luxury Real Estate Purchases in Spain
14 January 2025
The controllers of the Foreign Exchange Office have sent letters to Moroccans owning luxury apartments and villas in Spain, inviting them to regularize their situation and (…)
French Audit Uncovers Undeclared Luxury Properties Owned by Wealthy Moroccans
1 January 2025
In France, reports reveal the identities of wealthy Moroccans as well as those of their wives and children, owning luxury real estate in Paris, without having declared them to (…)
Morocco Sees 61% Surge in Foreign Direct Investment
1 December 2024
Morocco is more than ever attracting foreign investment. This is evidenced by the latest report published by the Office of Exchange.
Morocco Urges Citizens to Declare Overseas Assets in New Awareness Campaign
14 October 2024
The Foreign Exchange Office has launched a "mission of awareness and sensitization for the benefit of foreign banks" in order to ensure the success of the automatic (…)
Morocco Probes Massive Overseas Money Transfers by Businessmen
12 October 2024
The controllers of the Foreign Exchange Office are currently verifying the documents of certain Moroccan businessmen who have transferred tens of millions of dirhams to finance (…)
Morocco’s Olive Oil Exports Surge as Domestic Prices Soar
18 September 2024
Paradox in Morocco. While olive oil is becoming increasingly inaccessible to Moroccans due to its high price, exports of this highly prized product have risen in the first six (…)
Moroccan Tax Deadline Looms: Last Chance to Declare Foreign Assets
9 September 2024
The regularization of taxpayers, as well as the declaration of liquid assets held abroad, are coming to an end. These two operations had been launched by the Office of Exchange (…)