What is an accredited investor?
An accredited investor is an individual, entity, or financial institution with a special financial status that enables them to invest in certain opportunities that are not legally available to ordinary investors.
An accredited investor qualifies under one of these options;
- (j.1) an individual who beneficially owns financial assets (which term excludes real estate) having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $5,000,000;
Or
- (j) an individual who, either alone or with a spouse, beneficially owns financial assets (which term excludes real estate) having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $1,000,000;
Or
- (k) an individual whose net income before taxes exceeded $200,000 in each of the two most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $300,00 in each of the two most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year;
Or
- (l) an individual who, either alone or with a spouse, has net assets that exceed $5,000,000.
In Canada, the details of the official definition of an accredited investor and who qualifies as one can be found under section 1.1 of the National Instrument 45-106.
If you feel you meet the requirements, log into your profile and click on the "Are you an Accredited Investor?" link, second from the top, as seen in this screenshot.
Select your accredited type, and upload the required documents. Please email support@addyinvest.com if you have any trouble with this process.