Long-Term Housing

Minimum Rental Periods

The minimum rental agreement period is typically 1 year.

Required Documents for Signing a Lease

Typical requirements to sign a lease are:

• Valid passport
• Visa
• 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 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

Wire transfer and cheque are acceptable methods of payment.

 

School Registration

School Fees

Typical school fees vary from school to school and are likely to change each academic year.

Accepted Method of Payment

Wire transfer and cheque are acceptable methods of payment.

Additional Notes

 

Obtaining a Driver’s License

Requirements

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

• Copy of valid passport (both the ID and the visa pages)
• Overseas driver’s license
• Consulate certified letter
• NPDL Form (available at the registration office)

 

Opening a Bank Account

Required Documents

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

• Reference number from a bank from previous country
• Valid passport with visa pages
• Registration papers along with a letter from the consulate

Time Required

It may take 1-2 weeks for your account opening to be complete.