An Accredited Investor (AI) is someone who is deemed by the law to be financially savvy and monetarily equipped to take on riskier investments.
If such an individual opts in to be treated as an Accredited Investor by a financial institution, he or she will usually have access to a wider range of investment products that are generally unavailable to non-Accredited Investors.
To be an Accredited Investor in Singapore, you have to fulfill the criteria set out in the
Securities and Futures Act (SFA):
- You have net personal assets that exceed $2 million in value (or its equivalent in a foreign currency); or
You have financial assets (net of any related liabilities) that exceed $1 million in value (or its equivalent in a foreign currency); or
Your income in the preceding 12 months is not less than $300,000 (or its equivalent in a foreign currency).
If you include your primary residence in the calculation for (1), it can only contribute up $1 million....