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Minimum Rental Periods
The minimum rental agreement period is typically 1 year.
Required Documents for Signing a Lease
1 month rent in advance is typically required upon signing a lease agreement.
Standard Security Deposit
The security deposit is equivalent to 2 months’ rent.
Local Norm for Returning the Security Deposit
The security deposit is returned Refund in accordance to the refund clause in the lease (either 30 or 60 days), and provided there are no damages to the premise, and provision of proof of settlement of all outstanding bills due.
Rental Commission
Should you utilize the services of a real estate agent to help you in your search, agencies usually collect rental commission. The rate is negotiated by the landlord.
Payment of Rental Commission
The agent’s rental commission is typically paid by the landlord.
Accepted Method of Payment
Cash is the preferred method of payment.
School Fees
Typical school fees vary from school to school and are likely to change each ademic year.
Accepted Method of Payment
Wire transfer, check, and cash are acceptable methods of payment.
Requirements
Typical documentation required to obtain a driver’s license include:
• Valid passport (original and 1 copy)
• Valid visa (original and 1 copy)
• Valid driver’s license from home country (original)
• 2 passport photos with white background
Required Documents
In order to open a bank account, you may be asked for:
• Valid passport
• Visa
• Work permit valid for a minimum of 90 days
Time Required
Typically, opening a bank account can be completed immediately.