Moroccan Economy
The Moroccan economy laissez-faire policies that Morocco has implemented in recent years have resulted in a steady and sustained growth. The government in Morocco vigorously continues efforts for economic reform, modernization and further the libral economy. The economy is supported by foreign investments, the money sent from overseas by Moroccans living abroad, the tourism industry, and the agriculture.
The Moroccan economy encourages foreign investment vigorously and seems to be very successful so far. There are many factors that allow and facilitate investment in morocco. Real estate is a very profitable business in Morocco because property is almost half the value of its competition in west Europe. 
Every foreigner now has the right of ownership and inheritance of property in morocco with 0% inheritance tax. And the mortgages are available at a rate of 6%. The government has also implemented a no tax payable policy on rental income for the first five years. And only 20% capital gains tax, falling to 10% after 5 years and nothing after 10 years. This resulted in a fast growing market that appeals more to investors.
Another encouraging factor for investors is the persistent strengthening of the Dirham. The Moroccan currency has grown by more than 18% of its value since liberalization of the economy in 1990. Also Morocco has become an attractive candidate for inclusion in the Euro-Med free trade zone as the European states are the major investors in the country.
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This has increased emphasis on the industrial sector. Investments are further expanded to the construction and service sectors. Monetary investments in the tourism sector have also been on the rise.
Other available sectors are the Stock Company or SA, the Limited Liability Company or SARL and the Limited Company with shares. Partnerships and Co-operative societies are also welcomed.
The recent signing of the Free Trade Agreement or FTA with the United States has also opened more investment opportunities.
It is totally unfounded what some claim that Moroccan economy depends on the cannabis plant, although its illegal production is significant in Morocco. But the government is active in fighting the drug production and implementing severe punishment for those involved in it.
Agriculture is the back bone of the Moroccan economy. However, it depends on natural rain and suffers heavily in dry seasons. Its work force constitutes 40% of the country’s job force.
The results of Moroccan agriculture in 2009 increased growth rate of the economy by 6.7% against 5.8% in 2008, according to forecasts by the High Commission for Planning (HCP, the public) . "The performance of the crop is bright, with a filling of dams of 66% against 46.3% a year ago, and that rainfall in January, has exceeded 104% that of a normal year, said the HCP.
Agriculture is the basis of the Moroccan economy. Crops include, among others, maize, wheat, barley, potatoes, olives, tomatoes and sugar beets. These products are originated in general from big mechanized farms.
The agricultural production in Morocco is reinforced by the relevant climate and the diversity of its fertile soil: in the north there are olives, fruit, grapes and wheat, but in the south there are more dates. 
The waters of the Atlantic coast of Morocco are naturally rich in fish, with almost 240 species. Fishing also represents a significant sector of economic activity in Morocco, with a production of hundreds of thousands of tones of sardines, tuna and other fish.
Moroccan economy also benefits largely from tourism as a major tourist attraction in north Africa. Tourism is a major foreign exchange earner of Morocco. 
Launched in 2001, a strategy, called Vision 2010 aims to achieve 10 million tourists, including 7 million foreigners and increase the sector's contribution to GDP to 20% by 2010.
To achieve these objectives, several actions have been undertaken in several areas, including strengthening the capacity of the country by launching such a program for the construction of six new seaside resorts (blue plane), with a capacity overall accommodation of 110,000 beds.
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