Minimum Rental Periods
The minimum lease agreement period is typically 1 year.
Required Documents for Signing a Lease
Typical documents required to sign a rental contract include:
• Immigration documentation
• Valid passport
• Letter 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 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
Payment of the agent’s rental commission is typically split between the tenant and landlord.
Accepted Method of Payment
Wire transfer, check, and cash are acceptable methods of payment.
School Fees
Typical school fees include a one time fee of 20,000 RMB.
Accepted Method of Payment
Wire transfer and check are acceptable 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.
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.
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.