Investing in Morocco from Abroad: A Clearer Path

Begin with the ownership structure

Investing in Morocco from abroad begins with understanding what you will own, how the investment is documented and who will manage the asset. These questions deserve attention before any funds are transferred.

MNA Hills is a Marrakech developer with Emirati roots, backed by an Emirati fund. It builds and operates Amana near Marrakech, bringing Amana Village townhouses and Amana Residences villas into a resort designed around ethical hospitality.

Prepare the banking route

Foreign investors invest in foreign currency through a Moroccan bank, under Office des Changes rules. Before transferring funds, ask the bank to explain the account arrangements and supporting documents applicable to your circumstances.

Keep the investment documents and bank records together. Ask the bank how the currency transfer and its investment purpose should be recorded, and have an accountant or lawyer review questions specific to your situation.

Understand the Office des Changes framework

The Office des Changes framework is an important part of planning an investment from abroad. The banking route, the origin of the funds and the documentation should be considered before the transaction, rather than addressed afterwards.

Ask your Moroccan bank about the rules and evidence applicable to future transfers abroad, including any distributions or proceeds from a disposal. Do not assume that every situation is treated alike; consult a lawyer or accountant for advice on your own legal or tax position.

Review the documents before signing

At Amana, investors can choose a share of the resort, a full home or several homes. The ownership framework uses registered shares in the company that owns the homes. Have your lawyer explain how the chosen investment is reflected in the documents, including the associated ownership and usage rights.

The investment is signed before a notary. Review the operating costs, distribution terms and governance provisions before signing. Resort income is pooled and shared quarterly after operating costs, with quarterly statements provided to investors. This model is not a promise of income.

Consider how the resort operates

Amana combines ethical hospitality with all-inclusive services such as a private chef, housekeeping, airport transfers and concierge support. Alcohol is absent throughout the resort, food is ethically sourced, and a Shariah board oversees the structure and operations.

Amana Residences villas include a private pool, garden, carved wooden screens and a rooftop pergola, with a prayer room and qibla in every villa. Wellness facilities are separate. Investors may stay when a home is available, making the terms of personal use another important part of the review.

Apply to receive the investor brochure

Qualified investors considering an investment in Morocco are invited to apply to receive the MNA Hills investor brochure. Use it as a starting point for reviewing Amana’s ownership structure, operating approach and investment process with your bank and professional advisers.