Moroccans living in France (MRE) who hold bank accounts in Morocco are required to declare them to French tax authorities under certain conditions. According to the French tax code, any resident with foreign accounts must report them if the total balance exceeds €10,000 at any point during the year.
This obligation applies to all types of accounts, including savings, checking, and investment accounts. Failure to declare can result in penalties, including fines of up to €1,500 per undeclared account, or €10,000 if the account is in a non-cooperative jurisdiction.
The declaration is made via the French tax return form 3916, which must be submitted annually. The deadline for the 2025 tax year was June 6, 2026, as confirmed by the French tax authority (Direction Générale des Finances Publiques).
For MRE, common reasons for holding a Moroccan account include managing property, sending remittances to family, paying local bills, or saving in dirhams. However, tax experts advise that all accounts must be declared regardless of purpose.
It is recommended to consult a tax advisor for personalized guidance, as rules may vary based on individual circumstances, such as dual residency or specific tax treaties between France and Morocco.
