{"id":5835,"date":"2026-10-20T12:10:50","date_gmt":"2026-10-20T10:10:50","guid":{"rendered":"https:\/\/klairarno.com\/?page_id=5835"},"modified":"2026-10-21T23:21:43","modified_gmt":"2026-10-21T21:21:43","slug":"mortgage-in-morocco-for-non-residents","status":"publish","type":"page","link":"https:\/\/klairarno.com\/en\/pret-immobilier-maroc-non-resident\/","title":{"rendered":"Mortgages in Morocco for non-residents: how to finance your riad"},"content":{"rendered":"
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Do you live in France, Belgium or elsewhere, and would you like to finance part of your riad in Marrakech with a loan? It is possible. Moroccan foreign exchange regulations allow banks to grant loans in dirhams to non-resident foreigners for the purchase of a property in Morocco, subject to specific conditions. However, it is important to be aware of these conditions before signing a preliminary sale agreement.<\/p>

In this guide, we set out the rules published by the\u2019Currency Exchange Office<\/a>, the available financing options and the approach we recommend to our clients to put together a strong application.<\/p>

In short<\/strong> : a non-resident foreigner may obtain a loan in dirhams from a Moroccan bank to purchase or build a property, up to a limit of 80 % of the price<\/strong>, with the balance to be paid in foreign currency. The bank requires a first mortgage<\/strong> or a guarantee from a foreign bank. Repayment and acquisition costs are settled in foreign currency or from an account held in convertible dirhams.<\/p>

The official rules governing mortgages for non-resident foreign nationals<\/h2>

The Foreign Exchange Office regulates these loans (General Instructions on Foreign Exchange Transactions 2026, section 5.1.2). Moroccan banks may grant loans in dirhams to non-resident foreign individuals and Moroccans living abroad to finance the purchase or construction of homes in Morocco<\/strong>, subject to the following conditions.<\/p>

1. A minimum deposit of 20 % in foreign currency<\/h3>

You must pay in foreign currency, with a minimum amount of 20 % of the property\u2019s price<\/strong>. This deposit can be made either by transferring foreign currency (a transfer from abroad converted into dirhams) or by debiting a foreign account in convertible dirhams held in your name. The credit may therefore cover up to 80 % of the price<\/strong>, subject to the bank\u2019s approval.<\/p>

2. Security: mortgage or foreign bank<\/h3>

The lending bank requires, up to the amount of the loan, either a first mortgage<\/strong> on the property, that is to say, a guarantee issued by a foreign bank<\/strong>.<\/p>

3. A refund in foreign currency<\/h3>

Payments (principal, interest, fees) are settled by the transfer of foreign currency or by debiting a convertible dirham account held in your name.<\/p>

4. Acquisition costs paid in foreign currency<\/h3>

The costs associated with the purchase (notary fees, registration fees, land registry fees, etc.) must also be paid in foreign currency or from an account held in convertible dirhams.<\/p>

5. A sworn statement<\/h3>

Before the loan is granted, you must provide the bank with a sworn statement certifying that you are not does not own any property in Morocco<\/strong>.<\/p>

The bank then submits a report to the Foreign Exchange Office, together with the loan agreement and proof of the initial deposit in foreign currency (section 794).<\/p>

The alternative: a loan from a foreign bank secured in Morocco<\/h2>

The Foreign Exchange Office also authorises Moroccan banks to issue guarantees in favour of foreign banks<\/strong> which lend foreign currency to a non-resident for the purchase of a property in Morocco, up to 100 % of the property\u2019s value<\/strong> (Article 796). The Moroccan bank then requires a first-ranking mortgage and ensures that the full purchase price and costs are repatriated. The same sworn statement (that the applicant does not own any property in Morocco) is required.<\/p>

In practice, this arrangement requires a bank in your country to agree to finance a property located abroad: something to discuss with your bank adviser<\/p>

Other financing options<\/h2>