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 visa.

Standard Security Deposit

The security deposit is equivalent to 1 months’ rent.

Local Norm for Returning the Security Deposit

The security deposit is typically used as the last month’s rent minus any damages.

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 one months’ rent in Moscow and St. Petersburg. In regional locations 100% – 150% of one month rent is customary.

Payment of Rental Commission

The agent’s rental commission is typically paid by the tenant.

Accepted Method of Payment

Wire transfer is the preferred method of payment.

 

School Registration

School Fees

Typical school fees include:

• Registration fee
• Capital fee
• Tuition fee

Accepted Method of Payment

Wire transfer is the preferred method of payment.

Additional Notes

 

Obtaining a Driver’s License

Requirements

It is sufficient for the expat to carry a notarised translation of the home license, as long as the latter complies with Vienna convention. International Driver’s License is also acceptable.

 

Opening a Bank Account

Required Documents

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

• Valid Passport with Russian visa
• Migration Card and Registration
• Russian mobile phone number
• Some banks, such as Citi, require a valid work permit

Time Required

It may take 1-3 days for your account opening to be complete.

Additional Notes

Raiffeisen has a reputation as being most expat friendly of the international banks in Russia.