The European Union has notified Antigua and Barbuda, Dominica, Grenada, Saint Lucia, and St. Kitts and Nevis, demanding that these countries cease their Citizenship by Investment (CBI) programs. These "golden passport" schemes provide significant non-tax revenue for the Caribbean nations, and the EU's objection is not based on specific security concerns, but rather on the concept of obtaining passports through commercial transactions itself. The Caribbean nations are planning a coordinated response.