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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 rental agreement include:
• Resident permit
• Work contract
• Local bank account number
Standard Security Deposit
The security deposit is equivalent to 2 months’ rent.
Local Norm for Returning the Security Deposit
The security deposit is returned after completion of inspection. The landlord will retain from the security deposit penalties and amounts for any necessary repairs.
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
The agent’s rental commission is typically paid by the tenant.
Accepted Method of Payment
Wire transfer or cash are the preferred methods of payment.
School Fees
Typical school fees include an annual registration fee typically around 562 USD.
Accepted Method of Payment
Wire transfer, check, and cash are acceptable methods of payment.
Additional Notes
The annual registration cost is not fixed and may change on a yearly basis.
Requirements
Typical documentation required to obtain a driver’s license include:
• Residence permit
• Copy of valid passport
Additional Notes
Required Documents
In order to open a bank account, you may be asked for:
• Valid passport
• Work permit
• Residence permit
• Proof of address
• Proof of income
Time Required
It may take up to 1 week for your account opening to be complete.
Additional Notes