We don’t often see much about the Royals and the HaMs in The Independent, do we? Anyway here is an interesting article that I’ve archived (hopefully). Excerpt also included in bold.
www.independent.co.uk/life-style/royal-family/meghan-harry-britain-royal-family-b3041100.html
https://archive.ph/VDs82
A new way of being
If there is one thing that unites the rich and especially the elite rich, it’s the antipathy towards being in any one place for more than is absolutely necessary. First and foremost, in the minds of what I call Globos, also known as Cosmocrats, is tax – or more specifically tax avoidance. Call me cynical, but a quick dive through Fortune Magazine and the advice it gives to the super wealthy suggests this is the case.
The CEO of the tax advisory firm Blick Rothenberg says: “the timing of their move back to the UK was impeccable” for the simple mathematical reason that staying abroad for not five, but precisely six years, allows Harry to keep profits earned in the US.
Ten years is even better than six, but I also suspect the move – or “extended stay” as sources close to the couple have phrased it – also ties in with King Charles’ health. Meghan Markle has an American passport, but we don’t know whose bank account Netflix pays into, do we? Harry is not known to have a green card, which could be part of the issue too, so it could possibly be two tax returns.
I work with a large American accountancy firm who charge me if I so much as think about them. They advise people just like Harry and Meghan and I’m confident that this little six-year rule would have been explained in full, not to mention all the glorious other tax-saving options available which of course include moving your tax base to places like… Portugal. Is this the next big plan?
On top of an accountancy firm, I imagine that they will also employ private bankers and wealth advisors whose bonuses are entirely predicated on channelling money through Godforsaken islands near the Bahamas.
According to unconfirmed reports, the Sussexes have enlisted the help of British hedge-fund billionaire Ian Wace, who is said to be offering financial and other support to the couple. Said to be worth $1.2 billion, Wace owns the private Scottish island of Tanera Mòr, where Harry and Meghan reportedly holidayed with their children in July.
I think that while there’s a lot in this article that is moot, I doubt anyone in their circle wants this kind of publicity, attention or speculation.