Criteria for a Retail investor
Definition of Retail Investor:
A retail investor is an individual who has Net Personal Assets exceeding US$ 100,000 (or its equivalent in foreign currency). It may include Net property value and/or financial assets/securities.
Process for determination of the Financial status of Investor:
INDIVIDUAL: Net Personal Assets
The investor needs to submit one of the following documents as proof for his Net Personal Assets
Property: Property title deed· Property valuation report less than 6 months old from recognized valuers
Owner’s Equity: Latest audited annual accounting report of the company(audit report by the Big Fours and/or recognized registered audit company in the country)
Personal Investment/Savings: