As an individual
i. Net personal assets exceeding S$2 million in value, or its equivalent in a foreign currency,
ii. Net personal assets of more than S$1 million in value, or its equivalent in a foreign currency, of financial assets or;
iii. Income in the preceding 12 months of no less than S$300,000, or its equivalent in a foreign currency.
As a corporation
You must hold net assets exceeding S$10 million in value (or its equivalent in a foreign currency) as determined by:
i. The most recent audited balance-sheet of the corporation; or where the corporation is not required to prepare audited account regularly, a balance sheet of the corporation certified by the corporation as giving a true and fair view of state of affairs of the corporation as of the date of the balance sheet, of which the date shall be within the preceding 12 months; or
ii. A corporation, the sole business of which is to hold investments and the entire share capital of which is owned by one or more persons, each of whom is an accredited investor.
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