King Charles III and Queen Camilla will continue living at Clarence House after the 10-year Buckingham Palace refurbishment concludes, while the palace remains the primary site for ceremonial functions. The project, which began in 2017 and carries a verified cost projection of £369 million, covers a 775-room building that receives approximately 700,000 visitors annually. Charles paid £12.9 million in income and capital gains taxes for 2024-25.