Pugacheva and Galkin* own Cypriot property management companies

Brief retelling from RIA II

Alla Pugacheva and Maxim Galkin* (recognized as a foreign agent in Russia) own a common business in Cyprus related to property management.

The couple registered two companies on the island - Omnitotal and Omnideal, which are engaged in the purchase and management of property.

The companies were registered in February 2025, their owners - Pugacheva and Galkin* - own an apartment in Limassol, which can be registered in the name of one of these companies.

MOSCOW, September 10 - RIA Novosti. Artists Alla Pugacheva and Maxim Galkin* own a common business in Cyprus related to real estate management, the Izvestia newspaper reports, citing the companies’ constituent documents.

“The former Diva and Maxim Galkin*, recognized in Russia as a foreign agent, discovered a common Cypriot business related to real estate management,” the newspaper writes.

According to the publication, the couple registered two companies on the island - Omnitotal and Omnideal, whose main activity is the purchase and management of property. The companies were registered in February 2025.

As Izvestia found out, Omnideal Ltd belongs to Alla Pugacheva, and Omnitotal belongs to Galkin himself*.

The documents indicate that both have Cypriot citizenship and entrepreneurial status, and the artists' registered address is a three-bedroom apartment on the fifth floor of the One Tower skyscraper in Limassol, where the cost of similar apartments starts from 2.6 million euros.

According to experts, the apartments that Pugacheva and Galkin* indicated as their place of residence could be registered in the name of one of these companies, and experts believe that such a scheme could be needed to rent out real estate and legally confirm income, the publication says.

* Recognized as a foreign agent in Russia

In turn, lawyer Vitaly Maryasov explained in a conversation with the publication what requirements for such transactions apply in the EU.

“The EU has strict requirements for verifying the origin of funds, so contracts and company reporting make it possible to document how the income was received. At the same time, the source of money for the purchase of real estate itself must also be legal and verifiable,” Maryasov said.

It was previously reported that Galkin is both a director and secretary of two companies - Omnideal and Omnitotal. In the official government journal, the profile of both enterprises is designated as "investment activities."