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Should Divorce Divide Overseas Property

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Should Divorce Divide Overseas Property


        

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  • 2024-06-09 23:00:55

    Divorce requires the division of overseas property, provided that both husband and wife agree to the division of overseas property. If the husband and wife want to divide the overseas property, they can litigate locally, divide the property according to the local laws, or discount the property, and then divide the money obtained from the sale of the property.
    Legal basis:
    Article 1087 of the Civil Code of the People's Republic of China
    At the time of divorce, the joint property of the husband and wife shall be disposed of by both parties through agreement; If the agreement fails, the people's court shall make a judgment according to the specific circumstances of the property and the principle of taking care of the rights and interests of children, women and the innocent party.
    The rights and interests enjoyed by the husband or wife in the household land contractual management shall be protected according to law.
    Article 1088 of the Civil Code of the People's Republic of China
    If one spouse bears more obligations due to raising children, caring for the elderly, assisting the other in work, etc., he or she has the right to request compensation from the other party at the time of divorce, and the other party shall make compensation. The specific measures shall be agreed by both parties; If the agreement fails, the people's court shall make a judgment.

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