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 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 Registration

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

 

Obtaining a Driver’s License

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

 

Opening a Bank Account

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.