Long-Term Housing

Minimum Rental Periods

The minimum rental agreement period is typically 6 months.

Required Documents for Signing a Lease

Standard Security Deposit

The security deposit is equivalent to 1 months’ rent. When signing a 1 year contract you may also be required to pay 6 months advanced payment.

Local Norm for Returning the Security Deposit

The security deposit is returned after completion of inventory, inspection of the unit.

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

Cash and check are accepted methods of payment.

 

School Registration

School Fees

Typically schools charge a registration fee.

Accepted Method of Payment

Wire transfer, check, and cash are acceptable methods of payment.

Additional Notes

Early registration is recommended.

 

Obtaining a Driver’s License

Requirements

Typical documentation required to obtain a driver’s license include:

• International driver’s license
• Valid passport
• Residence permit

Additional Notes

 

Opening a Bank Account

Required Documents

In order to open a bank account, you may be asked for:

• Work permit
• Valid passport
• Letter from employer to the bank
.

Time Required

Typically opening a bank account can be completed in 1 day as long as all required documents are provided.

Additional Notes