Screen Shot 2021-04-16 at 6.04.27 AM

What is an Accredited Investor? 

At least one of the requirements below needs to be met:

 

       

     πŸ‡¨πŸ‡¦ Canadian Investor: 

  • corporations, limited partnerships, trusts or estates having net assets of at least $5 million
  • individuals who have at least $1 million in financial assets (cash and securities) before taxes. (In calculating an individual's financial assets, any outstanding loans incurred to acquire those assets must be deducted.)
  • individuals whose net income before taxes exceeds $200,000 (or $300,000 combined income with spouse) in each of the two most recent years and who reasonably expects to exceed that net income in the current year
  • individuals who have at least $5 million in net worth
    Net worth (alone or with spouse) = liquid assets (e.g. cash) + fixed assets (e.g. real estate) - liabilities (e.g. mortgage, car loan, credit card balance)

       

     πŸ‡ΊπŸ‡Έ US Investor: 

  •  has either a net worth of $1mil, not including their primary residence
  • OR an annual income of $200,000 (or $300,000 if married) for the last two years and you have a reasonable expectation that it will continue