What Is the Income Requirement for an Individual to Qualify as an Accredited Investor?

To qualify as an accredited investor under Regulation D, an individual must have earned an income exceeding $200,000 in each of the two most recent years, or a joint income with a spouse or spousal equivalent exceeding $300,000 for those years, with a reasonable expectation of reaching the same income level in the current year. Alternatively, an individual can qualify if they have a net worth exceeding $1 million, either alone or with a spouse or spousal equivalent, excluding the value of their primary residence.