Even if you received a divorce judgment overseas, you must separately file a claim for division of property concerning real estate and financial assets located in Korea. For a foreign judgment to have effect in Korea, it must satisfy the recognition requirements under the Civil Procedure Act, and a two-year statute of repose applies to claims for division of property from the date the divorce becomes final. We summarize the reporting-type filing obligations that overseas residents often overlook and the 기준 for determining the starting point of the statute of repose.

Click the blog link below and check the details for more information.