Prince Harry and Meghan’s life in the US may not be as easy as they would think. Although Meghan Markle being originally from the US may present some advantages to the couple, the fact is, the US laws are very different from that of the UK, especially when it comes to their tax laws.

Now that Prince Harry is based in the US, things may change for him. The Prince and Meghan just recently purchased a very expensive estate in upscale neighborhood Santa Barbara, California.

The couple was able to buy a $14.7-million-dollar home and have been living in their new house since July. They have plans to raise their son, Archie, and maybe expand their family in their new home.

According to royal tax David McClure and author of ‘The Queens True Worth’, the Prince may be in a surprise especially with the taxes that he will have to pay.

Mr. McClure says that the ‘zealous’ tax will overwhelm the Prince and Meghan and that they should have thought it through when they were planning to leave there duties as senior royals.

“California is a high tax state and he is likely to get hit. I don’t think Harry and Meghan have totally thought through the financial consequences of their exit from the Royal Family. The more their expenditure rises in California, the greater the pressure to generate their own income in more downmarket, commercial deals. That is always the worry palace,” commented McClure.

The current financial situation of the Prince is unknown. But according to news articles, the Prince and Meghan joint networth around a total of $30-million-dollars.

It is estimated that the couples yearly outgoings rounds up to over $4-million-dollars and that does not include the $24,000 dollars that they have to pay for the renovation of Frogmore Cottage.

McClure says that Harry needs to watch out because the US tax collectors are more zealous compared to the UK ones.

Becoming a US citizen is not a good option for Prince Harry, as he will lose his titles as well as being taxed for worldwide income, which includes the money he gets from UK-based trusts.

The British Royal family's fortune, especially that of Prince Harry comes from the trusts within the family, they also have royal money, which is called duchy.

A spokesperson of the couple commented that the same tax laws in the US apply to the couple.