Russian Cypriots

The influx of Russians in Cyprus began notably after the Dissolution of the Soviet Union in the early 1990s. Many Russians were attracted to Cyprus because of its warmer climate, business opportunities, and beneficial tax policies for foreign investors.[1]

Limassol, Nicosia, and Paphos have all seen an increase in Russian residents over the years. In particular, Limassol has become a hub for the Russian-speaking population, with many Russian businesses, schools, and churches being established in the city.[2]

Russian Cypriots have been successful in integrating into the Cypriot society. They participate actively in business, cultural activities, and contribute to the local economies of the cities they inhabit. Many have learned the Greek language and embraced aspects of Cypriot culture while maintaining their Russian heritage.[3]

Orthodox Christianity plays a significant role in the lives of Russian Cypriots. Their religious practices connect the two cultures due to shared faith between most Cypriots and Russians. Russian Cypriots also organize cultural events, music festivals, and art exhibitions. Russian language newspapers and radio stations operate in Cyprus.[4]

While the Russian community has integrated well, there have been challenges. Accusations of money laundering and illicit activities have cast a shadow over the community. Many Russian Cypriots have worked to dispel these stereotypes.[5]

• Alexey Voloboev: Prominent political figure fostering Cyprus-Russia relations.

• Oleg Deripaska: Russian industrialist and philanthropist.
• Konstantin Grigorishin: Ventures in energy sector.
• Leonid Lebedev: Investments in real estate and hospitality.
• Nikita Mishin: Contributions to transportation and logistics.
• Alexander Ponomarenko: Real estate magnate.