Moroccan Expats Drive Real Estate Boom, Investing 70% in Home Country’s Property Market

The minister expressed the commitment of her ministry to facilitate the access of Moroccans living abroad (MRE) to the administration and to support their contribution to the development of their country of origin, whether for the purchase of housing or real estate for investment purposes.

In response to a question asked by the Authenticity and Modernity Group (PAM) during the oral question session at the House of Councillors, the minister recalled that her ministry had organized the first edition of the MRE support campaign from July 28 to August 10, 2022. This initiative included the setting up of reception areas at various access points such as airports and ports, as well as rest areas.

In terms of technical and administrative support, the urban agencies have expanded their digital services for MREs, allowing online access to information, electronic complaint processing and communication on available local investment offers. These measures made it possible to examine 3,667 files, of which 2,853 were approved, i.e. an approval rate of 78%. In addition, 645 urban information notes were issued, 32% of which were in digital format.

After a positive evaluation of the first edition of the MRE support campaign, which attracted 1,