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.
There are over 20 situations in which a person or entity is considered an accredited investor, but the most commonly used cases include:
- An individual, alone or with a spouse, who has net assets of more than $5 million
- An individual who has a before tax income of over $200,000 for at least two years in a row ($300,000 if combining income with a spouse) and expects to exceed that income the current calendar year
- A person registered in Canada, under securities legislation, as a dealer or an adviser
In Canada, the details of the official definition of an accredited investor and who qualifies as one can be found in section 1.1 of the National Instrument 45-106.
Can an accredited investor invest with addy?
We are not here to help accredited investors with their deal flow. However, we do see a way for accredited investors to assist addy in eliminating barriers to entry so that everyone can invest in Canadian real estate. If you're an accredited investor and want to invest, learn more here: https://www.addyinvest.com/accreditedinvestors/