The strategic exile of an ex-monarch
There has been constant speculation about the possible return of Juan Carlos to Spain, but the reality is that his residence abroad responds to economic and personal security needs. With a fortune that exceeds two billion euros, the ex-monarch has found a refuge in Abu Dhabi that offers him the protection he cannot have in his country of origin.
Advance planning and inheritances
Juan Carlos’ decisions seem to be very well orchestrated. After selling his properties in Catalonia and the Basque Country, he has eased the way for his daughters Elena and Cristina, who will become the main beneficiaries of his fortune. Meanwhile, the Royal House is keeping quiet about his situation, although it is well known that the bond with Queen Sofia and her children is central to this family plot.
The entanglements of succession
Sandra, Cristina’s ex-wife, was one of the reasons that brought Juan Carlos to Switzerland. As well as the revisions to his will, which are being carried out at a notary in Lausanne. The monarch has made it clear who will take his legacy, taking into account fiscal aspects that affect both Cristina, resident in Switzerland, and Elena, who will be taxed in Spain.
The role of Froilán in the family succession
Froilán’s recent move to Abu Dhabi reveals a strategy to better manage the family legacy. This maneuver not only seeks to distance him from controversies, but also wants to consolidate his position as an intermediary between the family and the inherited funds. At the same time, Victoria Federica is settling into a similar dynamic, with Elena as administrator, a dynamic reminiscent of her grandfather’s methods.
Felipe VI and the family legacy
For Felipe VI, the situation is delicate. Although he publicly renounced his father’s inheritance, the fiscal details are not resolved until the death of Juan Carlos. It should be noted that the king has taken steps to exclude himself from the will and thus avoid any charge for the new generations, including Princess Leonor and Infanta Sofia, who will not see any financial benefit from the inheritance.
Reflections on the future
With a new family dynamic and a succession marked by cunning and prudence, the future of the Spanish crown presents itself as a complex return. While many unknowns remain to be resolved, the decisions that have been made in the shadows will have significant repercussions for future generations of the royal family. Wealth management, tax risk mitigation strategies and family relationships are intertwined in a framework that deserves to be followed carefully.
