This guide is aimed at Moroccan nationals. It covers fund transfers, local and Georgian taxation, treaties, contract language, mortgage financing, permanent residency and crypto payment.
The Moroccan dirham is not freely convertible. A foreign real estate investment requires Office des Changes approval (investment file) or use of a foreign currency allowance. Moroccans residing abroad (MRE) can freely use forex funds held outside Morocco. In practice, most of our Moroccan clients invest from a foreign currency account or a European/Dubai account.
Crypto payments (USDT, USDC, BTC, ETH) are accepted by most of our partner developers. Conversion to GEL or USD is processed by a regulated Georgian on-ramp provider, with a legally compliant invoice. This avoids SWIFT fees and international wire delays.
In Georgia, non-resident rental income is taxed at a 5% flat withholding rate. No wealth tax, no inheritance tax on Georgian assets. Capital gains on real estate are fully exempt after 2 years of holding. The 18% VAT is already included in developer prices.
No active Morocco-Georgia tax treaty. Foreign rental income must be declared to DGI at IR scale (up to 38%) for Moroccan residents, with a unilateral credit for Georgian tax. MREs are not concerned.
Purchase contracts are drafted in Georgian (official cadastre language) with a certified English translation systematically provided. On request, a French, Russian or Arabic version can be annexed. All signatures happen before a Georgian notary, in person or via a power of attorney legalised in your home country.
Georgian banks (TBC Bank, Bank of Georgia, Credo Bank) grant mortgages to foreigners with a 30-40% minimum down payment, over 10 to 15 years, at rates of 11-14% in GEL or 8-10% in USD. A local bank account and 3 months of proof of income are required.
Any real estate investment of $150,000 or more entitles the investor, their spouse and minor children to Georgian permanent residency. Applications are processed in 30-45 days, with no effective residency requirement. After 6 years, naturalisation becomes possible.
We regularly assist Moroccan investors based in Casablanca, Rabat, Marrakech as well as MREs in Europe and the Gulf.