Directorate of Immigration: Application status, return of documents and processing fee
Can I pay for a residence permit application and expedited processing in one payment?
The Directorate of Immigration recommends that the service fee for expedited processing be paid at the same time as the handling fee for a residence permit application. In total, this amounts to 64 000 ISK.
Note that you only have the option to pay a service fee for expedited processing when you apply for a residence permit based on work.
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