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)
USA 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