Home loan for Moroccans abroad (MRE): buying in Morocco from overseas
Updated on 9 September 2026
Financing a purchase in Morocco from abroad: MRE-specific conditions, loan currency, down payment, documents and pitfalls to avoid.
The essentials in questions
Can a Moroccan living abroad get a home loan in Morocco?
Yes. Most Moroccan banks offer products dedicated to Moroccans living abroad, with files handled remotely. Income earned abroad is taken into account, with supporting documents.
Is the MRE loan in dirhams or in foreign currency?
The loan is generally denominated and repaid in dirhams. Some banks offer foreign-currency or convertible-dirham accounts to fund repayments; check the exchange fees.
How much down payment for an MRE?
The down payment is comparable to a resident’s (often 10 to 30% depending on profile and property), plus acquisition costs (about 6 to 7%). A larger down payment improves the terms.
1. What changes (and what does not) for an MRE
An MRE home loan works like a standard one: the bank assesses your repayment capacity, generally capped around 45% of your net income. The difference is mainly the proof of income (in foreign currency) and the file being built remotely.
Many Moroccan banks have dedicated MRE desks and advisors who handle the file by email and power of attorney, without you needing to be present at every step.
2. Currency, exchange and account
The loan is most often in dirhams. To repay from abroad, you fund a Moroccan account (convertible-dirham or foreign-currency account). Watch the international transfer fees and the exchange rate applied, which weigh on the real cost.
3. The documents usually required
ID and residence permit of your country of residence, proof of income (payslips, employment contract, foreign tax notice), bank statements, and the property documents (sale agreement, land title). The bank may ask for a translation of some documents.
4. Put banks in competition remotely
MRE terms vary noticeably from one bank to another. Compare the rate, borrower insurance and file fees before committing. A simulator gives you a first idea of the monthly payment and borrowing capacity in seconds — useful to frame your project before contacting banks.
5. Anticipate the extra costs
On top of the price come acquisition costs (about 6 to 7%: registration duties, land registry, notary), borrower insurance and, for an MRE, exchange and transfer fees. Factor them into your total budget from the start.