Paying for real estate in cash in Morocco becomes a very bad idea

This reform targets the transfer of real estate, real estate rights and business assets with a value exceeding 300,000 dirhams. Until now, these transactions were subject to a proportional duty (generally between 4 and 6%) without distinction of the method of payment.

Henceforth, Article 133-III of the CGI imposes this 2% penalty in two cases:

• When the notarial deed does not mention the precise payment references (check number, wire transfer reference, etc.).

• When the payment is not made through the traced financial channels provided for by the legislation (Article 11-II of the CGI).

A proportional taxation on the cash amount

The text introduces an important nuance for mixed payments. If a transaction is settled in part by traceable means (check, wire transfer) and in part in cash, the additional 2% duty will only apply to the portion of the price paid in cash.

This measure aims to discourage the use of cash in high-value transactions and to strengthen tax compliance by encouraging buyers to use scriptural payment methods.