Real Estate in Morocco: Banks will lend much more to Moroccans Living Abroad (MREs)

It’s a breath of fresh air for individuals and businesses. As part of its 2025-2029 strategic vision, the Office des Changes has just unveiled its new General Instruction. Here are the main new features to remember.

MREs: Boosted real estate credit up to 80%

This is the flagship measure for the diaspora. The Office des Changes is loosening the reins on real estate financing. From now on, Moroccan banks can grant Moroccans Residing Abroad (MREs) dirham loans covering up to 80% of the property value, compared to 70% previously. Another major new feature: the limitation on the number of financed properties is lifted. MREs can take out these loans for "all real estate acquisition operations in Morocco", without quantity restrictions.

Travel and Studies: More foreign currency in pockets

• Tourist allowance: The overall ceiling is now set at 500,000 dirhams per year. This amount includes a basic allowance of 100,000 dirhams (guaranteed for all) and an additional allowance of up to 400,000 dirhams, calculated on the basis of 30% of the income tax paid.

• Students abroad: Faced with global inflation, the ceiling for monthly living expenses increases from 12,000 to 15,000 dirhams. A welcome increase for families financing studies outside the Kingdom.

E-commerce and Startups: Increased ceilings

• Online purchases (Individuals): The e-commerce allowance for individuals rises from 15,000 to 20,000 dirhams per year.

• Startups: Startups labeled by the Digital Development Agency (ADD) see their e-commerce allowance double, from 1 to 2 million dirhams. In addition, they can now invest abroad up to 10 million dirhams per year, without having to justify three years of seniority.

Business: Flexibility for business travelers

Professional travel also benefits from revaluations. The allowance increases to 1 million dirhams (instead of 500,000) for entities without foreign currency accounts, and up to 1.5 million dirhams for classified operators.