Once application is submitted, the main applicant shall pay a non-refundable initial administration fee of €15,000. This fee is part of the total application fee amount of €60,000. This initial application fee of €15,000 must be paid before the application can be processed further.
Should the initial application is approved in Principle, the Applicant is requested to settle the balance of the total application fee, as follows:
The Applicant must pay a contribution of €37,000 within 8 months from the issuance of the Letter of Approval in Principle.
The Applicant must donate €2,000 to a registered / approved non-governmental organisation (NGO) in Malta.
The Applicant must purchase a Health Insurance policy covering all risks in Malta and other European Countries for each beneficiary in the application.
All above fees and conditions from 1 to 6 are mandatory and must be adhered to for the successful approval of the MPRP application. Non-compliance or not providing necessary documentation can lead to delays or failure to receive final approval.
Professional / Office fees and any out-of-pocket expenses that are applied by the office of the Licenced Agent may vary according to the complexity of the principal applicant’s affairs and each of the dependents.