What is Accredited Investors and How do I qualify as an Accredited Investor? | Help

Accredited Investors are defined in Section 4A(1) of the Securities and Futures Act (Cap. 289) as individuals whose:

Financial assets*, net of any related liabilities, exceed $1 million (or its equivalent in a foreign currency); or
Income in the preceding 12 months is not less than $300,000 (or its equivalent in a foreign currency); or
Net personal assets exceed $2 million (or its equivalent in a foreign currency), of which the value of the individual’s primary residence (net of any secured loan) can only contribute up to $1 million.

*Financial assets (net of any related liabilities) means

A deposit as defined in section 4B of the Banking Act (Cap. 19);
An investment product as defined in section 2(1) of the Financial Advisers Act (Cap. 110); or
Any other asset prescribed as a “financial asset” for purposes of establishing Accredited Investor status by MAS.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors concerning the application of tax laws to your particular situation.