Accredited investor means an individual:
- whose net personal assets exceed in value $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
- whose 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;
In order to qualify as Accredited Investor, the following documentary proof of assets are required:
- Most recent bank statements for proof of the value of cash, fixed deposits, SRS.
- Most recent CPF statement for proof of the value of CPF balances. You can login to CPF website to get the latest statement.
- For stock investments made with SRS or CPF, the investment statement from SRS/CPF agent bank.
- For stock investments listed on SGX, use the most recent CDP statement. You may need to obtain it online.
- Unit Trusts statements from banks, fundsupermart, dollarDEX or POEMS.
- Proof of property ownership. See below for details.
- Proof of property value. The market value of the property is based on the floor size multiplied by the PSF of the most recent sale of a similar neighbouring property as determined by the URA recent transactions. Print the relevant URA recent transactions details.
- Proof of liabilities: latest mortgage or loan statement from the bank.
For joint assets, each owner is assumed to own half of the value unless proven otherwise.
How to show proof of property ownership
You can use a photocopy of the Title Deed. Otherwise, you can use the following:
- Login to IRAS website with your Singpass.
- Select Property->View My Property Portfolio.
- Click on the property shown.
- The webpage will show the owners of that property. Print this screen.
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