On 15 November 1889 a republican coup d'ètat took place in Rio de Janeiro deposing the old Emperor Pedro II and proclaiming the exile of the Brazilian Imperial Family. The imperial family arrived at Lisbon on 7 December 1889. The Orleans-Braganza family moved to southern Spain. Further bad news came from Brazil, as the new government abolished the imperial family's allowances, their only substantial source of income, and declared the family banished. On the back of a large loan from a Portuguese businessman, the imperial family moved into the Hotel Beau Séjour at Cannes.