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 proof of employment.

Standard Security Deposit

The security deposit is equivalent to 1 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 choose to utilize the services of a real estate agent to help you in your search, agencies usually charge the equivalent of 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, check, and cash are acceptable methods of payment. However, landlords typically prefer a cash payment.

 

School Registration

School Fees

Typical school fees include:

• Registration fee
• Tuition fees
• Admission fee
• Application fee

Accepted Method of Payment

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

 

Obtaining a Driver’s License

Requirements

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

• A letter addressed to the Commissioner for Traffic and Road Safety Department
• Valid passport
• Copy of foreign driver’s license
• Medical examination report

Additional Notes

It is recommend to obtain an international driver’s license prior to arrival. This must be converted to local driver’s license within 3 months of arrival. The international driver’s license is issued by the country of origin.

 

Opening a Bank Account

Required Documents

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

• TIN Number
• Work Visa
• 2 copies of valid ID

Time Required

Typically opening a bank account can be completed in 2 days.