What is an Non-Accredited Investor?
“Non-accredited investor” simply refers to someone who does not meet the income or net worth requirements kept in place to qualify accredited investors.
Therefore, a non accredited investor is someone who:
Earned less than $200,000 a year for the last two fiscal years ($300,000 if joint income is considered)
Has a net worth of less than $1 million when their primary residence is excluded; and
Does not meet any of the other potential categories for accredited investors.