Long-Term Housing

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
• Proof of employment

Standard Security Deposit

The security deposit is equivalent to 1 months’ rent. Cash is preferred on personal leases.

Local Norm for Returning the Security Deposit

The security deposit is returned after within 1 month of completion of inventory, inspection of outstanding refurbishments, and cleaning.

Outstanding payments for repairs will be deducted if necessary.

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

Payment of the agent’s rental commission is typically split between the tenant and landlord with 70% paid by the landlord and 30% paid by the tenant.

Accepted Method of Payment

Wire transfer, check, and cash are acceptable methods of payment.

 

School Registration

School Fees

Typical school fees include a one time fee of 20,000 RMB.

Accepted Method of Payment

Wire transfers and checks are accepted methods of payment.

Additional Notes

It is recommended to start the school search process early as different schools and cities will have changing vacancy in a particular grade level.

 

Obtaining a Driver’s License

Requirements

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

• Valid passport
• Proof of overseas license with Chinese translation
• Residence permit
• Visa with more than 6 months remaining
• 4 passport photos

Additional Notes

It is recommended to study the test databank.

 

Opening a Bank Account

Required Documents

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

• Valid passport (original, not a copy)
• Work permit or Residence permit
• Chinese telephone number
• Proof of residence
• Tax number (if any)

Time Required

Typically opening a bank account can be completed in 1 day.

Additional Notes

Different bank branches may be more flexible than others on documentation and timing.