What is an Accredited Investor?

FOR INDIVIDUALS

An individual must have a net worth, or joint net worth with their spouse, excluding their primary but including home furnishings and personal automobiles of more than $1,000,000;

or
must have an individual income in excess of $200,000 or joint income with their spouse in excess of $300,000, in each of the two (2) most recent years and have a reasonable expectation of reaching the same income level in this year.