Prince Harry And Meghan Markle's Royal Exit Date Has Been Set

Prince Harry and Meghan shortly before their bombshell announcement

Prince Harry and Meghan shortly before their bombshell announcement

According to worldwide media reports, the couple will be formally stepping down as senior royal members from March 31 and they will no longer carry out duties on behalf of Queen Elizabeth II thereafter.

Prince Harry and Meghan Markle recently appeared at a conference organised by banking giant JP Morgan. From April 1st, Harry and Meghan will no longer have an office at Buckingham Palace.

Buckingham Palace has announced the exit will also see the couple - who have nine-month-old son Archie together - close their Buckingham Palace office, though they will continue to be represented through their United Kingdom foundation team from April 1 onwards.

According to the spokesperson, Harry will retain the ranks of major, lieutenant commander, and squadron leader but his honorary military positions will be suspended.

Harry is also expected to attend the London Marathon in April and the couple will attend the Invictus Games in May.

On March 5, Archie's dad will attend the opening of a British racing museum alongside Lewis Hamilton. And spend some of his last official events - including attending the ceremony of awarding the Endeavour Fund Awards and music festival in the Royal albert hall and a few more. March 8 - Meghan will mark #InternationalWomensDay2020 with further details to be announced. Worldwide media reports say that as many as 15 employees at their office in Buckingham Palace have now become redundant.

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The spokesperson also notes that after a calendar year, the arrangement will be reviewed by the royal family to make sure everything is going smoothly.

It had been suggested the couple's Sussex Royal brand, based on the title which started from their Instagram page, could be worth an "absolute fortune" and they have registered it as a trademark internationally on items including clothing, stationery, books and teaching materials.

Although, they'll have the right to use them if they so choose. Even though the pair will no longer use their HRH titles formally (they'll get to keep them), People reports that nothing changes in terms of Prince Harry and his place in the line of succession.

The young couple gave up their font-line family duties and announced plans to chart a "progressive new role" in North America.

The announcement came as a huge surprise to the royal family as well as the media. In their statement, Meghan and Harry revealed they wanted to gain financial independence.

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