The European Union has given five countries — Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, and Saint Lucia — two years to end their citizenship-by-investment programs, or they will lose visa-free access to the 29-country Schengen Area. The Washington Post reports this.

These countries receive significant revenue from their programs.

Foreigners who invest in their economies, buy real estate, or pay money directly to the governments receive passports that allow visa-free travel to more than 140 countries and territories, including most of Europe.