Quote:
Originally Posted by camel with three humps
Lurcher21:
Yes, the levels of corruption has increased and its logical as standard of living increases the matrix will increase.
Apart from the corruption the ridiculous laws does not help e.g as a non resident you only allowed to own one property in Morocco. VAT on mortgage interest rate, import duty on used personal belonging etc. This is a perfect ground for breeding corruption.
It saddens me to say that I would not rent to a Moroccan or use a Moroccan Agent for exactly the reasons stated.
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Camel, it is sad to see and you are correct the more investment that comes into the country the more rife is the corruption. Also agree with not using Moroccan Agents or renting to Moroccan's.
I'd rather leave my property empty than give it to some crooked agent in Morocco. Hopefully the better developemnts will be employing well establised Management companies to deal with the issues of rentals, many are employing internationally renowned Resort and Management companies.