The regulations for accredited investors vary from one jurisdiction to the other and are often defined by a local market regulator or a competent authority. In the U.S, the definition of an accredited investor is put forth by SEC in Rule 501 of Regulation D.
A non-accredited investor is an individual who claims less than $200,000 in annual income (<$300,000 including a spouse) whose net worth is less than $1 million, excluding the value of their primary residence.
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