The former King of Spain has announced that he will move abroad after a series of embarrassing revelations regarding his personal life and finances. In an official statement, the former King is said to have made the decision so as not to be a distraction from his son's duties as the current sovereign.
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Exile strikes me as the wrong word here. He appears to be leaving voluntarily & without the cloud of judgment by the state. Expat seems a better fit.
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