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Mouad Aktaou

Mouad Aktaou

Member

Moroccan citizen

Forum

24 posts

Contacts

38

About me

Moroccan

Registration: 12 July 2022

Activity

Mouad Aktaou replied to a thread
7 months ago
Penniewisellc

Dirham exchange to dollar by Penniewisellc

How much is 1,119,600 million dirhams in dollars?

Mouad Aktaou

Approximativly 120 K USD Read More

Mouad Aktaou replied to a thread
7 months ago
seahorses

Buying property in Morocco by seahorses

Thought I had found the perfect apartment but owner wanted part-payment under table.  I can understand owner not being fan of 20% tax for resale within 5 years but couldn't see any benefit for me - declared purchase price wouldn't reflect ...

Mouad Aktaou

Exchange office rules permit to all foreign investment in Morocco to get back their investsment and profit to their home country after paying tax. It's called convertibility scheme. TPI Tax is profit tax that you have to pay on the profit you made ... Read More

Mouad Aktaou replied to a thread
8 months ago
Yasmin21

Marriage Certificate Legalisation by Yasmin21

SalaamCan you tell me what happens after adoul marries us and gives us our marriage certificate. Does it need to be legalised or something? And where? UK or Morocco?

Mouad Aktaou

It need to be apostilled to be enforceable outside of Morocco. Read More

Mouad Aktaou replied to a thread
8 months ago
Penniewisellc

Moroccan mlyoun by Penniewisellc

Is there a difference between Mlyoun and million? How many Moroccan dirhams makes a mlyoun or million? I am trying to buy apartment the seller said it's 70 million, how much is that in USD?

Mouad Aktaou

Mlyoun is equivalent to a million cent which is equivalent to 10k dirhams. 70 mlyoun is approximately 70k USD. If you need legal & Tax support for your project of buying real estate in Morocco reach me. Read More

Mouad Aktaou replied to a thread
11 months ago
historicalm

Buying maison d'hôte a Tanger by historicalm

I am in the process of buying a Maison dote a Tanger.I will be very grateful for any feedback/suggestions to the following:-As a US citizens and professor in NYC (teaching online) residing most of the year in Morocco:Do I need a Moroccan carte de ...

Mouad Aktaou

Hello,As Legal advisor i suggest to make a legal and finnancial due dilligence on the property before buying to make sure that everything is clear and you will not face any surprise after.For the bank loan yes you need to be resident to get it.For ... Read More

Mouad Aktaou replied to a thread
11 months ago
Manek1964

Buying property and Personal Taxes by Manek1964

I was reading that if one is residing in Morocco for more than 183 days then one has to pay taxation in Morocco on your Global Income. This is very standard across many countries.I was also reading that if you own Residential Property in Morocco ...

Mouad Aktaou

If you are consider as a resident in Morocco you pay tax on your Global income made in Morocco not abroad. Regarding property that you may own in Morocco it's same taxes regardless your nationality, and you will pay tax on general income coming from ... Read More

Mouad Aktaou replied to a thread
11 months ago
AlanWB

Personal tax table online - tax rate is TOO HIGH! by AlanWB

Hi everyone.There is some confusion online as to whether the tax structure is in Dirhams, Us dollars or Euros! Companies providing the tax tables tend to provide them in dollars or Euros.Looking at the Moroccan tax tables, it seems the personal ...

Mouad Aktaou

Hello, Indeed if you have a net salary higher than 120.000 MAD per year wich is approximativly 11.000 Euros you are on the highest line of tax table.Regarding businesses you are paying corporate tax which have the same logic of progressive income ... Read More

Mouad Aktaou replied to a thread
11 months ago
expatdigitaltech

Setting up a recruitment agency by expatdigitaltech

Hi guys,Hope all is well?I've been back and forth to Agadir for last 15 years, originally from London. Currently living in Thailand for 10 years now working online creating various applications from e-learning apps to help underprivileged kids, AI ...

Mouad Aktaou

Dear Sir, Please find bellow quick answers to your queries :1- Teaching sector in Morocco is in expension, no matter where you are from but more what you are willing to teach.2- Yes you can employ foreigners and contract them for universities or ... Read More

Mouad Aktaou replied to a thread
last year
Yasmin21

Adoul Contact by Yasmin21

SalaamCan anyone recommend a good, efficient and proactive Adoul in Marrakech for capacity to marry?

Mouad Aktaou

Salam,I can recommand you Adoul in Marrakech for the Marriage agreement process and advise you on the court process if needed.Reach me through whatsapp : *** Read More

Mouad Aktaou replied to a thread
last year
ensamkurt

Old UK Criminal record - Residency in Morocco by ensamkurt

I have noticed that questions about criminal records usually go unanswered, but can someone with experience/knowledge please state whether having an old criminal record (e.g. in the UK) can have a big effect on applying for Carte Sejour (Moroccan ...

Mouad Aktaou

Hello, Law let the appreciation of the decision to police which are not strict if you are not a threat to the security of the country. It will also be impacted by the kind of residency you are asking(employee, retired or owner of company).If you ... Read More

Mouad Aktaou replied to a thread
last year
KRz

Family Reunification Visa by KRz

I am from South Africa and my husband is in Morocco.Morocco only issues 30 day visas to South Africans. Does anyone have any information about the family visa and the requirements?Like do we need return tickets?Which visa is eligible for residency? ...

Mouad Aktaou

Hello, you can apply for familly residency with simple entry tourist visa. *** Read More

Mouad Aktaou replied to a thread
last year
noreennour

moroccan marriage laws by noreennour

my moroccan husband recently died. We were married in Morocco a long time ago (almost 50 years) We have property in both spain and Morocco. What does the law state? Are Moroccan marriage laws binding in Spain\?

Mouad Aktaou

Yes it can bid in Spain if you obtain legal enforcement in Moroccan court. *** Read More

Mouad Aktaou replied to a thread
last year
Alwardah

Advice needed about deceased estates by Alwardah

Hi. My husband was from Agadir Morocco and I'm South African. He had dual citizenship for both Morocco and South Africa and passed on in South Africa. He left behind assets in Morocco such as a house etc. I need to know what the procedure would be ...

Mouad Aktaou

Dear Mrs,First of all, my sincere prayers for your husband.You will need to get the official decease paper apostilled by foreign ministry to be enforceable in Morocco.The process can be started right before your arrival as it can be long.Reach me if ... Read More

Mouad Aktaou replied to a thread
last year
GuestPoster17789

British purchasing a property in Morocco by GuestPoster17789

Hi, I’m looking to buy with my husband in Morocco but I will not be resident. My husband is Moroccan and lives there still. Im wondering if anyone can point me in the direction of a good lawyer to help me with the legalities and any ...

Mouad Aktaou replied to a thread
last year
Nolita Matuschka

LLC owns property, liabilities by Nolita Matuschka

Hello.I’m hoping you speak English but I can use Google translate and add the translation.I am a US citizen interested in buying property in Fez through my LLC. If the title to the house is under the LLC does that make me a resident? Can the ...

Mouad Aktaou

Dear Mrs Matuschka,First of all you need to pay attention, due to the fact that most of properties in médina of Fes are not titled (Melkia) and you will need to register it at Land Registry once you buy it.For the question of purchasing ... Read More