Juan Carlos, who is 82, left his country earlier this year and now probably lives in Abu Dhabi (United Arab Emirates).
With this payment, Juan Carlos settled a tax debt that would result from several years of using credit cards. El País and La Vanguardia newspapers report that they were made available to him by Mexican businessman Allen Sanginés-Krause. He had never declared this as income to the tax authorities.
Juan Carlos secretly left Spain four months ago. It was only after two weeks that the royal family reported that the former king, who was under investigation, had visited Abu Dhabi. The Spaniard is said to be a good friend of local Crown Prince Mohammed bin Zayed Al Nahyan.