Prince Harry and Meghan Markle fail financial independence as Charles covers $ 2.5 million in security costs, source

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Prince Harry and Meghan Markle have made the surprising decision to retire from their roles as senior royals after less than two years of teamwork. The two said they wanted to achieve financial independence and start their own lives in North America. However, the couple’s dreams could have been a little more ambitious than they had imagined.

Rumors suggest that Harry and Meghan will not be financially independent, as Prince Charles would spend $ 2.5 million a year on the couple’s security team.

Prince Harry and Meghan Markle
Prince Harry and Meghan Markle | Andrew Milligan / WPA Pool / Getty Images

Prince Harry and Meghan Markle hoped to be financially independent

When Harry and Meghan initially announced that
they would leave the royal family, a big reason for that was that they
wanted to reach
total financial independence. They hoped to continue working
for the queen, but once they realized they couldn’t do it without having a little
sort of monetary ties, they pulled out of the role.

However, there is still much to do in the couple’s new life, and it seems that financial independence will not come as quickly as they hoped.

Countries have refused to provide security for the couple

When Harry and Meghan first arrived in Canada, people immediately worried that taxpayers’ money would have to pay for the couple’s safety. For a while that was the case, but the country then announced that once Harry and Meghan were no longer members of the royal family (as of March 31), Canada would not pay the couple’s security bill.

When the news announced that Meghan and Harry were moving to Los Angeles, President Donald Trump quickly announced that the United States would not pay for the couple’s security team either.

Prince Charles would have shared the security costs between Harry and Meghan with them

The Daily Mail recently reported that Harry and Meghan would not achieve financial independence anytime soon. Prince Charles would have instead given Harry and Meghan $ 2.5 million of his own money to help cover their security costs. “Charles has agreed to make a” private contribution “to the Sussexes,” a source told the media. Although the actual amount has not been released, it is believed to account for approximately half of the total cost of $ 5 million.

The reason for the high cost of security for the couple is that their team can carry weapons. It is important for the protection of Harry and Meghan that their guards carry firearms, which means that they have to hire more expensive guards.

Both settle in the Los Angeles area

In recent weeks, it has been revealed that Harry and Meghan recently
moved to Los Angeles, California, and they seem to be settling in well. Although
Harry doesn’t
have many ties to L.A., it’s Meghan’s hometown and also where her mother
lives.

It makes sense that the two took the plunge, since Meghan has
a lot of friends in Los Angeles too, and the two didn’t know a lot of people on
Vancouver Island, where they previously resided in Canada. We don’t know if
it’s just another springboard for them or their new permanent home,
but anyway, it’s nice to see them live the life they’ve always wanted.



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