Singapore: Investor Types and criteria

Retail Investor

A Retail Investor is any investor that does not meet the criteria of an Accredited Investor.

 

Accredited Investor

Under Securities and Futures Act (CHAPTER 289) section 4A, unless the context otherwise requires.

Accredited investor is

 
  1. an individual —
    1. 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
    2. 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;

  2. a corporation with net assets exceeding $10 million in value (or its equivalent in a foreign currency) or such other amount as the Authority may prescribe, in place of the first amount, as determined by —
    1. the most recent audited balance-sheet of the corporation; or
    2. where the corporation is not required to prepare audited accounts regularly, a balance-sheet of the corporation certified by the corporation as giving a true and fair view of the state of affairs of the corporation as of the date of the balance-sheet, which date shall be within the preceding 12 months;

  3. the trustee of such trust as the Authority may prescribe, when acting in that capacity; or

  4. such other person as the Authority may prescribe.
 

A sample of an accredited investor certificate can be found here