Marrakech is the capital of the mid-south-western economic region of Marrakech-Tensift-Al Haouz and the 2nd largest city in Morocco. Marrakech has the largest traditional market (souk) in Morocco and also has one of the busiest squares in Africa and the world, Djemaa el Fna. The square bustles with acrobats, story-tellers, water sellers, dancers and musicians. By night food stalls open in the square turning it into a huge busy open-air restaurant. Morocco is in Northern Africa, bordering the North Atlantic Ocean and the Mediterranean Sea, between Algeria and Western Sahara. The climate is mediterranean, becoming more extreme in the interior. The official language is Arabic. French predominates in business and tourism, as well as in political and academic circles. Spanish is more common than French in north-western areas around Tangiers, Tetouan and Chefchaouen. Many businesspeople and government officials in Rabat and Casablanca have some knowledge of English. The main religion is Islam. The economy of Morocco is considered a relatively liberal economy. The services sector accounts for just over half of GDP and industry, made up of mining, construction and manufacturing, is an additional quarter. The sectors who recorded the highest growth are the tourism, telecoms and textile sectors. Morocco , however, still depends on agriculture which accounts for only around 14% of GDP but employs 40-45% of the Moroccan population. In Morocco, hospitality is very important. Moroccans are extremely welcoming to visitors and expatriates may be invited to a business acquaintance's home. It may be considered rude to refuse. Expatriate business dress is usually conservative. Men typically wear a suit and tie, while women normally wear conservative business suits. The security risk for expatriates in Morocco is low, but medium in the Western Sahara. Risks include petty crime, mugging, mobile telephone theft, bag-snatching, pickpocketing, the underlying threat of terrorism, and kidnapping (in the Western Sahara). The currency of Morocco is the Moroccan Dirham (MAD). Most major credit cards are accepted. ATMs are widely available in larger urban areas. Medical facilities vary and the cost of treatment for expatriates can be high. The population of Marrakech is 929,000 (2019 est.), while the inflation rate (CPI) is -0.1% for Morocco as at March 2019. Xpatulator Hypothetical Tax for Morocco is based on the current personal income tax rates which are progressive up to 38%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Marrakech, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Marrakech as at 1 April 2019 is very low in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Low 2) Clothing: Very Low 3) Communication: Low 4) Education: Very Low 5) Furniture & Appliances: High 6) Groceries: Very Low 7) Healthcare: Very Low 8) Household Accommodation: Very Low 9) Miscellaneous: High 10) Personal Care: Very Low 11) Recreation & Culture: Very Low 12) Restaurants Meals Out and Hotels: Very Low 13) Transport: Low Marrakech is for example -24.8% cheaper than Houston TX for groceries, -22.2% cheaper for household costs than Kuala Lumpur, and 2.5% more expensive for transport costs than Dubai. The hardship premium for Marrakech for an expat from Perth, is for example 20%, i.e. host location (Marrakech) premium of 30% minus home (Perth) location premium of 10%. Marrakech is ranked as a high degree of hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Marrakech? Register subscribe to your home location and Marrakech and run your personalised reports.