The Spanish king emeritus has earned more than 4 million euros living in Abu Dhabi.

BarcelonaJuan Carlos I has managed to earn more than four million euros in the five years he has been living in Abu Dhabi, which has allowed him to return the money that some business friends lent him in 2021 to regularize his situation with the Treasury, according to the newspaper reported this Wednesday. The World.

In February 2021, a year after the former monarch had fled to the capital of the United Arab Emirates, she made a payment to the Treasury to avoid a tax investigation into opaque cards. Specifically, she paid more than four million euros (money left to her by her friends), as her lawyer confirmed in a statement. To that figure, however, was already added a previous payment, in December 2020, of 678,393 eurosIt is also for the same reason: to avoid an investigation for tax crimes.

According to the newspaper The World, sources close to the Spanish King Emeritus claim that during these five years he has already obtained part of these four million euros from the sale of documentary rights, as well as from brokering commercial transactions. In fact, although Juan Carlos I is not expected to return to Spain, the publication of a book of his memoirs is planned under the titleReconciliation coinciding with the fiftieth anniversary of his proclamation as head of state. In any case, according to information fromThe World, the Spanish treasury cannot trace the money obtained in Abu Dhabi.

This Sunday marks five years since King Emeritus Juan Carlos fled Spain to settle in the United Arab Emirates. The departure came after the controversy for the investigation into his finances and alleged irregularities from his personal affairs. After his departure, the Spanish King Emeritus submitted a voluntary declaration to the Tax Agency stating that the total undeclared funds over different years amounted to more than eight million euros in gifts in kind from a foundation linked to Felipe VI.