Morocco

Morocco, located in North Africa, boasts diverse landscapes, rich cultural heritage, and strategic economic potential. The Moroccan economy, driven by sectors such as agriculture, services, and tourism, offers lucrative opportunities for international high net worth investors considering second citizenship. Morocco’s ongoing infrastructure projects and commitment to economic development make it an enticing destination for those seeking residence or investment prospects.

MOROCCAN CITIZENSHIP INVESTMENT

Morocco does not currently operate a formal citizenship by investment programme. Such programmes allows individuals to acquire second citizenship by making qualifying investments, offering benefits like visa-free travel and financial flexibility. Several nations offer direct citizenship by investment programmes such as St Kitts.

MOROCCAN RESIDENCY INVESTMENT

While Morocco does not have a dedicated residency by investment or programme, foreign investors interested in obtaining residency can explore existing immigration procedures. Morocco offers various residency permits: Short-term (up to one year, renewable), Long-term (up to ten years, renewable), Student (duration of studies), Work (for job offers), Retirement (for those over 55 with sufficient funds), and Family (for spouses or family members of Moroccans). Each permit serves different purposes, catering to the diverse needs and circumstances of foreign nationals residing in the country. For a simple residency by investment permit, foreign investors are advised to consider the European nations offering attractive programmes, such as the Portuguese Golden Visa.

MOROCCAN PASSPORT STRENGTH AND RANKING

Morocco ranks low on La Vida’s Global Passport Ranking at 134. If it were to offer second citizenship, foreign investors would receive visa-free access to 33% of countries representing 18% of global travel. These countries include Vanuatu, Hong Kong and all five citizenship by investment Caribbean countries.