Hi dma
Here's the definition of a sophisticated investor.
Cheers, GF
Sophisticated Investors
You invest a minimum of $500,000 in what would normally be an excluded offer; or
You provide a Certificate from a Qualified Accountant that you:
have net assets of at least $2.5 million; or
have a gross income for each of the last 2 financial years of at least $250,000 a year.
If you fit this category, you must provide a certificate from a qualified accountant (a member of the Institute of Chartered Accountants, Australian Society of CPAs or the National Institute of Accountants) stating that you do. A pro forma copy of this certificate is included in this folder. Certificates remain valid for 24 months.
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