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The petitioner is aged 65 and the respondent is aged 62 at the date of this hearing. The parties come from Country A, they each moved to Jersey to work, the respondent in 1976 and the petitioner some years later. Parties met in Jersey in 1987, married in 1988 and their first child was born shortly after the marriage, their second child was born in 1991.
At the time of the marriage the respondent owned a guest house which he subsequently sold yielding the net sum of £96,669. The parties then purchased another guest house using these monies. They worked together in both businesses. The parties then purchased a restaurant which was sold in 2013. The former matrimonial home ("FMH") includes a number of self-contained lodgings which provide an income. Neither party is currently working.
In 1995 the parties purchased a plot of land in Country A and subsequently built a house upon the land, the house and land have throughout been owned in the sole name of the respondent.
The petitioner issued divorce proceedings in Jersey on the 9 th November 2018, decree nisi was granted on the 20 th February 2019, at the time of hearing decree absolute has not been sought.
Aside from the property in Country A, the parties are largely agreed regarding the value of their assets which comprise the following:
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