People Staff
May 24, 2007 AT 07:00 PM EDT

Juanes and his wife, Karen Martínez, are separating after three years of marriage according to a source close to the couple who confirmed the news to

The Colombian singing sensation and his 27-year-old wife have arrived at this difficult and mutual decision after many months of trying to resolve their differences. But they remain friends and committed to their two daughters together, Luna, 4 and Paloma, 3, who remain with their mother for the time being. The actress will continue to pursue acting roles in the United States.

Juanes, 34, will continue to record his forthcoming album in the U.S. The family recently visited Disneyworld and a photo of Juanes and his daughters appeared in our web site during that happier time.

Stay tuned in the coming days to for more updates on this stunning news.

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