economy
Harry and Meghan could face mouthwatering bill for California property while in the UK
WATCH: Prince Harry and Meghan Markle have landed in the UK
TL;DR
- Prince Harry and Meghan Markle are reportedly house-hunting in the Cotswolds, UK, and have enrolled their children in a local school.
- The couple's Montecito mansion in California, purchased for $14.65 million, has an estimated monthly mortgage repayment of $37,566 and an annual property tax bill of $149,668.
- Harry is reportedly planning to stay in the UK for at least 12 to 15 years, while Meghan is expected to adopt an 'international role' and travel between the UK and California.
- The couple also owns a property in Portugal, bought for £6.3 million three years ago.
- Harry is part of a group ordered to pay £9.5 million in legal costs after losing a High Court privacy case.