The American High-End Market Explored by Morocco
The Moroccan Foreign Trade Minister Abdellatif Maazouz said that after a victorious experience in Europe, especially in France, the Kingdom of Morocco will launch a new operation in the city of New York with the intention of introducing Morocco’s agro-alimentary products to America’s high-end market.
How Many Moroccan Products will be Featured in New York?
On the sidelines of the 24th SIAL (Salon International de l’Agroalimentaire) which took place in Paris, France, Morocco’s Foreign Trade Minister told MAP in an interview that all 16 stores of “The Food Emporium” a well known New Yorker food chain, will feature over 200 Moroccan made products.
What is the Importance of Morocco’s Participation in the SIAL?
The 24th SIAL, was event marked by the participation of over 70 Moroccan based companies, was an avenue to showcase Morocco’s diverse and innovative production and to also encourage the exportation of every bit of this country’s agro-industrial products particularly spices and oils, in addition to the following:
- Preserved food
- Condiments
- Sweets
- Drinks
- Starch
- Seafood
The Minister praised the excellence of Morocco’s participation in this event, both in terms of the considerable number of Moroccan participants and the number of visitors, the minister noted that participating in the SIAL was essential to promote the exports of Moroccan products because it served to successfully introduce Morocco’s agro-industrial products to the French high-end market.
Apart from Food Products, What Else Can Morocco Offer the American Market?
Morocco is presently a completely unique location for interested property investors. American real estate investors can take advantage of this country’s wonderful real estate opportunities. Interested Americans have the opportunity to buy property early in this country’s emerging market at a very affordable cost in comparison to lots of other countries in the Mediterranean region.
What is So Unique about the Property Market in Morocco?
The “Unique” thing about investing in the Moroccan real estate market is the “Sense of security” every investor is sure of getting – not many real estate investors can boast of this, not even Donald Trump. With this country’s tourism already improving at a pretty rapid rate and the “buy to let” investors are already recording 85 percent (85 percent!) occupancy rates all through the peak season. For many investors, Morocco does not only FEEL like a safe place to buy property but it IS a safe place to buy property.
Why Should I Invest In Morocco’s Real Estate? – Got Reasons?
Here are just some of the reasons why investing in Morocco’s real estate makes sense:
- The property prices in Morocco are 50 percent less (50% less!) than any other European option
- The cost of living is low – translation: you can experience a luxury lifestyle at a small cost
- This country has a booming property market
- Real estate investors will not be charged annual property tax for the first five years
- Zero percent inheritance tax to family
- 70 percent mortgages available
- The country’s Sovereign and the UAE plan to increase tourism and is putting in place projects to improve infrastructure and boost Morocco’s tourism industry by 10 million visitors annually.
Filed Under: Economic News of Morocco
