Prince Harry, Meghan Markle Want To Be ‘Financially Independent’

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Buckingham Palace issued a statement saying discussions with the couple “are at an early stage”

Following a year of particularly relentless media attention, Prince Harry and his wife, Meghan Markle, announced Wednesday they would

from their roles as senior members of the royal family and—in a notable break from the past—work to become “financially independent.”posted to Instagram, the Duke and Duchess of Sussex said"We intend to step back as 'senior' members of the Royal Family and work to become financially independent, while continuing to fully support Her Majesty The Queen.”

“After many months of reflection and internal discussions, we have chosen to make a transition this year in starting to carve out a progressive new role within this institution,” they wrote. The couple said they will split their time between North America and the U.K. in order to raise their son Archie with “an appreciation for the royal tradition” to which he was born, but also “with space to focus on the next chapter.”now states “They value the ability to earn a professional income, which in the current structure they are prohibited from doing. For this reason they have made the choice to become members of the Royal Family with financial independence.

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