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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 lease are a valid passport and proof of employment.
Standard Security Deposit
The security deposit is equivalent to 1 months’ rent.
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 utilize the services of a real estate agent to help you in your search, agencies usually collect rental commission equal to 1 months’ rent.
Payment of Rental Commission
Rental commission is typically paid by the landlord.
Accepted Method of Payment
Wire transfer and checks are accepted methods of payment. The preferred currency is USD or AZN.
School Fees
Typical school fees include an enrollment fee in addition to tuition.
Accepted Method of Payment
Bank transfer or cash are acceptable methods of payment.
Requirements
Typical documentation required to obtain a driver’s license include:
• Original driver’s license.
• Translation of driver’s license to Aze by official court interpreter.
Additional Notes
Required Documents
In order to open a bank account, you may be asked for:
• Valid ID
• Valid passport
• Proof of residence
• Proof of employment
• Tax number
Time Required
Typically opening a bank account can be completed in 2 days.