While the accredited investor definition recently changed—from one which usually meant high-net-worth/high-income individuals to now one which focuses on investor experience and knowledge—it typically skews more towards investors with financial resources and familiarity.
1. You have a net worth (or joint net worth) exceeding $1,000,000 (excluding your primary residence). 2. You are part of an association or trust with assets exceeding $5,000,000. 3. Your annual income has exceeded $200,000 in each of the previous two years, and you expect to make the same amount this year. 4. You must exceed $300,000 of joint income if you have a spouse.