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Minimum Rental Periods
The minimum rental agreement period is typically 1 year.
Required Documents for Signing a Lease
Typical documents required to sign a rental contract include:
• Valid ID: id card, passport
• Proof of employment: work contract
• Proof of funds: recent pay slips or work contract with salary details
Standard Security Deposit
Security deposits are not typically required. If one is agreed to ensure it is documented in your rental agreement.
Local Norm for Returning the Security Deposit
The security deposit will be returned upon termination of the lease and completion of a walk through inspection. Any damages incurred will be deducted from the returned security deposit.
Rental Commission
Should you choose to utilize the services of a real estate agent to help you in your search, agencies usually charge 10% of the annual rent or up to 1 month’s rent.
Payment of Rental Commission
Payment of the agent’s rental commission may be paid by the tenant or the landlord. Ensure this is establish at the time of signing the agency agreement.
Accepted Method of Payment
Wire transfer, check, and cash are acceptable methods of payment.
School Fees
Typical school fees include:
• Registration fee
• Tuition fee
• Admission Fee
• Application Fee
Accepted Method of Payment
Wire transfer, check, and cash are acceptable methods of payment.
Additional Notes
American International School: School certificates are often purchased by founding companies. Spaces are very limited and certificate holders take preference.
Requirements
A foreigner can drive in Angola for 3 months after arrival with an international driver’s license. After that they need to obtain an Angolian driver’s license with proof of valid immigration status.
Additional Notes
It is recommended you arrive with an international driver’s license issued by your country of origin. Due to the expense of owning a car, it is typical for expats to employ a local Angolan driver.
Required Documents
In order to open a bank account you may be asked for:
• Work Permit
• Residency Permit
• Proof of employment
• Tax Number
• Minimum deposit varies by bank
Time Required
It may take 1-3 working days for your account opening to be complete.
Additional Notes
The minimum deposit and initial opening deposit amounts vary by bank.
There’s a 10% tax on services to be paid outside of the country in foreign currency.
Withdrawals are limited to $2500 USD with valid ticket and visa for travel.
All transfers are subject to BNA approval.