The mistaken decision of Juan Carlos I to retire to a dictatorship like the United Arab Emirates is now confirmed with his intention of establishing his fiscal residence there, with which
his economic activities and his assets will be definitively off the radar of the Spanish Administration
.
It is a step with an enormous symbolic and political charge that, on the one hand, confirms his personal will not to return to Spain permanently and, on the other, implies the consecration of the
to opacity about the financing of the King father.
As we have revealed in our pages,
the Emeritus has begun the procedures to transfer his tax residence to the Emirates
, based on two arguments included in the law: that "the main nucleus or the base of its activities or economic interests" no longer resides in Spain, and that it no longer spends more than 183 days a year in our country.
If these procedures prosper, Don Juan Carlos
It will cease to be a Spanish taxpayer to become one of an opaque financial center
whose inhabitants do not declare Personal Income Tax or pay taxes on their personal earnings.
The father of Felipe VI shields himself in this way from control of the Spanish Treasury and also from the eventualities linked to the judicial conflict initiated by Corinna Larsen.
The Constitution shields the inviolability of the monarch during his reign, in order to preserve him from the constant attacks that he could be subjected to, for example, by lawsuits that would later be archived.
However, in exchange for such inviolability, the head of state pays a price: that of being an example, so that
when his conduct violates such mandate, he must leave office
.
This is what happened with Juan Carlos I, whose monetary scandals, such as the existence of a large hidden patrimony, pushed his son to separate him from the Royal House and from the official activities of the Crown, and even to deny the future paternal inheritance. .
In August 2020, Juan Carlos announced his decision to leave Spain to "contribute" so that his son could carry out his function "from tranquility and calm."
Such an option would have made sense if the chosen location had been a country democratically comparable to Spain.
Abu Dhabi,
where he is also usually accompanied by figures surrounded by suspicions, does not meet the required requirements
.
Although his title of King is honorary, Don Juan Carlos continues to hold an institutional position and
treasuring a key political heritage, based on its essential role in the Transition
.
For both reasons, it must act with transparency and a sense of State.
The opposite will always be bad news for Spanish democracy, of which the parliamentary monarchy is an essential pillar.
The damage to the image of the Crown
, which Felipe VI heads with great responsibility, and the external image of our country is undeniable.
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