Long-Term Housing

Minimum Rental Periods

The minimum rental agreement period is 1-2 years.

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 3 months’ rent.

Local Norm for Returning the Security Deposit

The security deposit is typically returned within 6 weeks after completion of inventory, inspection and vacating.

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 1-2 months’ rent.

Payment of Rental Commission

Payment of the agent’s rental commission is typically split between the tenant and landlord.

Accepted Method of Payment

Local wire, cash, or cheque are acceptable methods of payment in local Taka currency.

 

School Registration

School Fees

Typical school fees vary from school to school and are likely to change each ademic year.

Schools may charge a non-refundable Admissions Processing Fee of $350 USD which is payable in advance to register the child. Other school-specific fees can include tuition fee, bus fee, excursion fees, and others.

Accepted Method of Payment

Wire transfer or cheque in Taka is accepted.

 

Obtaining a Driver’s License

Requirements

Typical documentation required to obtain a driver’s license include:

• Copy of work permit
• Copy of passport with valid visa / recommendation from Foreign Affairs
• Foreign driver’s license
• 4 passport sized photos
• Proof of residence

Additional Notes

Applicant must go to the Bangladesh Road Transport Authority office to sign into the register and be photographed.

 

Opening a Bank Account

Required Documents

In order to open a bank account, you may be asked for:

• Valid passport or ID
• Copy of Visa
• Copy of employment contract
• Identification photographs

Time Required

It may take 7-10 working days for your account opening to be complete.