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Minimum Rental Periods
There are no standard lease terms in Malawi.
Required Documents for Signing a Lease
There are no set standards for required documentation to sign a lease.
Standard Security Deposit
The security deposit is equivalent to 3 months rent.
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
The agent’s rental commission is typically paid by the tenant.
Accepted Method of Payment
Check and cash are acceptable methods of payment.
School Fees
Typically schools only charge tuition fees.
Accepted Method of Payment
Check and cash are acceptable methods of payment.
Requirements
Any foreigner who holds a valid license issued in their home country can apply for a corresponding Malawi issued license without having to take a road test.
Typical documentation required to obtain a driver’s license include:
• Foreign driver’s license
• Valid ID
• Title to stay
• Two passport photos
Additional Notes
Driving is on the right hand side and an international driving license is recommended although not a requirement.
Required Documents
In order to open a bank account, you may be asked for:
• Valid passport
• Work permit
• Confirmation of employment and income
Time Required
It may take up to 1 week for your account opening to be complete.