Prince Harry and Meghan Markle Fail At Financial Independence as Charles Covers $2.5 Million in Security Costs, Source Claims

Prince Harry and Meghan Markle made the surprising decision to step down from their roles as senior royals after less than two years of working as a team. The two explained that they wanted to achieve financial independence and start a life of their own in North America. However, the couple’s dreams might have been a bit more ambitious than they realized.

Rumors suggest that Harry and Meghan actually won’t be financially independent, as Prince Charles will reportedly shell out $2.5 million annually for 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 were hoping to be financially independent

When Harry and Meghan initially made the announcement that they would be leaving the royal family, a big reason for that was because they wanted to achieve complete financial independence. They were hoping to continue doing work for the queen, but once they realized they couldn’t do that without having some kind of monetary ties, they stepped back from the role altogether.

However, there is still a lot that needs to be worked out in the couple’s new life, and it looks like financial independence won’t come as quickly as they’d hoped.

Countries refused to provide for the couple’s security

When Harry and Meghan first arrived in Canada, people instantly became concerned that taxpayer money was going to have to pay for the couple’s security. For a while, it did, but then the country announced that once Harry and Meghan were no longer royals (as of March 31), Canada would not be paying the couple’s security bill.

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

Prince Charles will reportedly split Harry and Meghan’s security costs with them

The Daily Mail recently reported that Harry and Meghan won’t actually be achieving financial independence any time soon. Rather, Prince Charles is reportedly giving Harry and Meghan $2.5 million of his own money to help with their security costs. “Charles has agreed to pay a ‘private contribution’ to the Sussexes,” a source told the news outlet. Though the actual amount was not revealed, it is believed to be about half the total cost of $5 million.

The reason for the couple’s high security cost has to do with their team being able to carry weapons. It’s important for Harry and Meghan’s protection that their guards carry guns, which means that they need to hire more expensive guards.

The two are settling into the Los Angeles area

In recent weeks, it was revealed that Harry and Meghan have recently moved to Los Angeles, California, and they seem to be settling in nicely. Though Harry doesn’t have many ties to L.A., it is Meghan’s home city and also where her mother lives.

It makes sense that the two made the move, since Meghan has plenty of friends in L.A. as well, and the two didn’t know very many people on Vancouver Island, where they were previously staying in Canada. It’s unclear if this is just another stepping stone for them or their new permanent residence, but either way, it’s nice to see them living the life they’ve always wanted.