Ex-king to visit Spain 'periodically,' but will live abroad
ABC News
Spanish royal officials says that King Felipe VI is accepting his father’s desire to return to Spain for periodic visits
MADRID -- King Felipe VI is accepting his father’s desire to return to Spain for periodic visits, although Juan Carlos I will remain based in the United Arab Emirates where he moved in 2020 following probes into his financial dealings, royal officials said Monday.
Juan Carlos wrote a letter to Felipe expressing his desire “to visit family and friends” in Spain after Supreme Court prosecutors closed the investigations, according to a statement on the royal website that contained the letter from the former king.
The prosecutors didn't find evidence to take the former monarch to court because much of the financial misbehavior, involving millions of euros (dollars) in undeclared accounts, happened when Juan Carlos was protected by immunity as Spain's king and other possible fraud fell out of the statute of limitations.
The probes allowed the recovery of 5.1 million euros ($5.6 million) in fines and taxes for income that Juan Carlos had failed to declare to Spain’s tax authorities, the prosecutors said in their conclusions.