Minimum Rental Periods
The minimum rental agreement period is typically 1 year.
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 1 months’ rent.
Local Norm for Returning the Security Deposit
The security deposit is returned after lease termination, completion of inspection, cleaning, and payment for final utilities. Return of the deposit can take up to 30 days.
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 landlord.
Accepted Method of Payment
Wire transfer, check, and cash are acceptable methods of payment.
School Fees
Typical school fees are equivalent to 1 month’s tuition.
Accepted Method of Payment
Wire transfer, check, and cash are accepted methods of payment.
Additional Notes
Requirements
Typical documentation required to obtain a driver’s license include:
• Country residence card
• Valid passport
• Valid driver’s license from country of origin
• Medical, physical and psychological examinations
Required Documents
In order to open a bank account, you may be asked for:
• Copy of passport
• Utility bill
• Copy of Resident Card
Time Required
It may take up to 30 days for your account opening to be complete.