International families is a common thing in modern society. Therefore, it often happens that the assets of spouses are in different countries. What jurisdiction would be available in case of divorce? According to international law, such couples could choose jurisdiction on their own.
The choice of jurisdiction to apply for divorce may have a significant effect on the outcome of the process.
Lets look at the main benefits of international divorce in Cyprus.
The marriage of foreigners can be dissolved in Cyprus if at least one party has lived in Cyprus for the last three months. Three months shall be counted until the date of application for divorce. The nationality of the parties does not matter.
Divorce in Cyprus implies only divorce. Issues related to the division of assets and maintenance after divorce, may be the subject of subsequent claims
Division of Assets
A significant advantage of choosing Cyprus as the jurisdiction for a divorce is that the property accumulated before the marriage is NOT taken into consideration when calculating the assets accumulated during the marriage. In other words, the marriage does not affect the independence of the estate of each spouse.
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