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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 lease are a valid passport and proof of employment.
Standard Security Deposit
The security deposit is equivalent to 3-6 months’ rent.
Local Norm for Returning the Security Deposit
The security deposit is returned after completion of inventory, inspection of outstanding refurbishments, and cleaning.
Outstanding payments for utilities, water, electricity, and 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
The agent’s rental commission is typically paid by the tenant.
Accepted Method of Payment
Wire transfer or check are accepted methods of payment.
Residency Requirements
When moving to Israel you may want or need to establish residency. Requirements may include obtaining a work and residence permit as well as registering with the local municipality.
It is advisable to connect with a local expert in France to identify any additional requirements and support available to assist in meeting the local requirements.
Requirements
A foreign license is only valid for 1 year if the expat has a 5 year driver’s license from their country. It is advisable for expats to obtain an international driver’s license from their country with 5 years validation.
Additional Notes
The process to issue an Israeli driver’s license can take few months. It is recommended to start the process 3 months before the one year period ends.
Required Documents
In order to open a bank account, you may be asked for:
• Valid passport with work visa
• TIN number
• Additional ID with photo
• Work offer letter
Time Required
It may take 1-2 days for your account opening to be complete.