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What it takes to be an Accredited InvestoSingapore is arguably growing into one of the competitive financial centers.
One of those who help establish that is the increasing number of high networth individuals. This has then spun a financial status that people may want to subscribe: accredited investor.
Becoming an accredited investor may sound fancy at first. However, due to recent events such as that of Swiber, many investors are slowly starting to shy away from this status.
The charm is slowly dying out due to the potential risks attached to it.
For those of you who are still new to this, it helps to back yourself with important information before claiming this status.
Fortunately, you ...
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I think you miss out something; the word: OR
An accredited investor means……
An individual.
A. ……….having $2m of which his primary residence counts up to $1m….OR
B………an income of $300k for the last 12 months.