King Charles III, Queen Camilla not moving into Buckingham Palace after its refurbishment
The palace "will remain a working home" for the family, a spokesperson said.
King Charles III and Queen Camilla will not move into Buckingham Palace once its refurbishment has finished, the palace said in a press release Thursday.
The announcement comes ahead of the publication of the Sovereign Grant Report, the British royal family's annual financial statement, which is set to be released Friday.
"On completion of the Reservicing Program, The King and Queen will not make Buckingham Palace a personal residence," Thursday's press release stated.
The decision to not move into the palace reflects Charles and Camilla's wishes that the palace remain "the ceremonial centre of Royal life, the primary workplace of the Royal Household and a national heritage asset with increased opportunities for public access," the release read.
A spokesperson for Buckingham Palace told ABC News that it "will remain a working home but we are seeking to widen public access precisely to maximise the national benefit of a publicly-funded building."
"It will be a buzzing hive of royal activity in every other way," the spokesperson said. "His Majesty retains huge affection for Buckingham Palace and a deep respect for its role in royal and public life."
The refurbishment of Buckingham Palace began in April 2017 and is due to be completed in April 2027.
The Sovereign Grant Report will details how public funding supported the royal family and the "maintenance of the Occupied Royal Palaces for the 2025-2026 financial year," according to Thursday's press release.
Included in the report is the amount of taxes Charles paid in the two years since ascending the throne in May 2023, marking the first time that a sovereign's personal tax payment has been published, according to the press release.
Buckingham Palace said Thursday that Charles' tax bill was 11.7 million pounds in 2023-24 and 12.9 million pounds in 2024-25.