The first payment of rent

Hi Abu_Adel,
The rent contracts are signed for a year duration and the payments are charged for either 6 months or 12 months. Most land owners give both the options and discounts offered if you pay 12 months in advance. For example he'll offer like:
- 6 months :: pay 40,000 SAR
or
- 12 Months :: pay 38,000 SAR instead.

Now as far as the housing allowance in the monthly salary is concerned, some companies (only very few) pay the housing allowance separately and they issue a check for 12 months altogether. Most companies pay it as a monthly package and YOU have to manage it somehow.

You have guessed it right, this MIGHT BE problematic sometimes, but unfortunately this is how it goes here in KSA.

Abu_Adel wrote:

Hi,
I am wondering : how it's could be possible to pay the first time six months or annual rent when the housing allowance is payed per month in the payroll ?

Please share your experiences

How is it possible? Because you live in Saudi Arabia ... It's the "magic" kingdom

Louise.Welge wrote:

How is it possible? Because you live in Saudi Arabia ... It's the "magic" kingdom

Thinking of alternative of the word 'magic' that would fit better.

Oops,

Abu_Adel wrote:

Hi,
I am wondering : how it's could be possible to pay the first time six months or annual rent when the housing allowance is payed per month in the payroll ?

Please share your experiences

This is the norm here...so you will need a loan or savings to pay the 1st payment.

You may be able to get a loan fom your employer who then will deduct it from salary on a monthly basis.

Some employers do pay housing allowance 6 months payment and very few 12 months payment.

What does this have to do with Saudi Arabia?

Iyke williams wrote:

PROPERTY FOR SALE AT OLOWORA BY BERGER/OMOLE ESTATE 2, VIA, IKEJA LAGOS.
 
A GOING CONCERN: FUNCTIONAL PAINT INDUSTRY of about 4,200 square meters, CERTIFICATE OF

OCCUPANCY PLUS GOVERNMENT CONSENT.(Plant and Machineries, Administrative block plus

Factories plus Warehouse/space, Finished and Unfinished Products, Materials, Motor/vehicles,

Furnitures and Fittings etc.

Asking Price:300m (Three Hundred Million Naira)



CONTACT: DOBAZINI/IYKE PROPERTY LIMITED
         28, Jogunosimi Str, Radio B/s
         Alausa, Off Obafemi Awolowo Way,
         Ikeja, Lagos.
         08030988705, 08095936554,
         08162056868'
         iykefavor@yahoo.com

How about using the classifies section No Lyke

Iyke williams wrote:

PROPERTY FOR SALE AT OLOWORA BY BERGER/OMOLE ESTATE 2, VIA, IKEJA LAGOS.
 
A GOING CONCERN: FUNCTIONAL PAINT INDUSTRY of about 4,200 square meters, CERTIFICATE OF

OCCUPANCY PLUS GOVERNMENT CONSENT.(Plant and Machineries, Administrative block plus

Factories plus Warehouse/space, Finished and Unfinished Products, Materials, Motor/vehicles,

Furnitures and Fittings etc.

Asking Price:300m (Three Hundred Million Naira)



CONTACT: DOBAZINI/IYKE PROPERTY LIMITED
         28, Jogunosimi Str, Radio B/s
         Alausa, Off Obafemi Awolowo Way,
         Ikeja, Lagos.
         08030988705, 08095936554,
         08162056868'
         iykefavor@yahoo.com

Just spammers. Reported to EB team. they'll moderate/delete it soon.

Alon Injed wrote:

How about using the classifies section No Lyke

Iyke williams wrote:

PROPERTY FOR SALE AT OLOWORA BY BERGER/OMOLE ESTATE 2, VIA, IKEJA LAGOS.
 
A GOING CONCERN: FUNCTIONAL PAINT INDUSTRY of about 4,200 square meters, CERTIFICATE OF

OCCUPANCY PLUS GOVERNMENT CONSENT.(Plant and Machineries, Administrative block plus

Factories plus Warehouse/space, Finished and Unfinished Products, Materials, Motor/vehicles,

Furnitures and Fittings etc.

Asking Price:300m (Three Hundred Million Naira)



CONTACT: DOBAZINI/IYKE PROPERTY LIMITED
         28, Jogunosimi Str, Radio B/s
         Alausa, Off Obafemi Awolowo Way,
         Ikeja, Lagos.
         08030988705, 08095936554,
         08162056868'
         iykefavor@yahoo.com

SaudiUK wrote:

You may be able to get a loan fom your employer who then will deduct it from salary on a monthly basis.

Some employers do pay housing allowance 6 months payment and very few 12 months payment.

But becareful they don't just decide to not pay you for the next 6 months till the rent is paid off... Have seen this before where the employer agrees to pay the first rent and take it off your salary. They then expect you to live on thin air till it is paid

Thank you a lot for your responses, but I expected more personal experiences.

How did you manage it guys ?

My personal experience/advice is 'Pre-Plan'.
I always have to manage it through cash-in-bank.