Tourists walk past a real estate promotion bilboard in Chinese on the seafront promenade in the Cypriot resort of Paphos on January 24, 2013, as the real estate sector on the recession-hit Mediterranean holiday island of Cyprus turns to Chinese investors seeking easier access to Europe. Hundreds of Chinese nationals have purchased second homes in Cyprus, an EU member, thanks to a  law revised last year granting permanent resident status to foreign buyers of homes costing at least 300,000 euros ($390,000). AFP PHOTO/YIANNIS KOURTOGLOU        (Photo credit should read Yiannis Kourtoglou/AFP via Getty Images)