Criteria for Accredited Investor (AI) :
(A) Your net personal assets exceed in value S$2 million (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount; or
(B) Your income in the preceding 12 months is not less than $300,000 (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe in place of the first amount;
As an asset rich, cash poor nation, many Singaporeans used to qualify themselves using their properties. With effect from December 2018, an individual’s primary residence (Registered Residential Address) will only account for up to S$1 million of the individual’s net personal assets, after deducting outstanding amounts e.g. mortgage loan.