To become an accredited investor, it is not necessary for you to pass any particular examination or test. There is no requirement of an investor license as well. But to qualify and become an accredited investor one must fulfill specific requirements that are laid by the Securities and Exchange Commission (SEC).
1. A person is having an individual income exceeding $200,000 in the recent two calendar years or is having a joint income with the spouse exceeding $300,000 in each of the two years and can provide the validation that the same income level can be guaranteed in the current year than the person can become an accredited investor.
2.A person who is having an individual net worth which exceeds $1,000,000 or even a joint quality that exceeds $1,000,000 can become an accredited investor. But the primary residence should not be included while estimating the net worth. And the liabilities won't be deducted from the primary home unless they can be incurring within the past 60 days.
4.According to the SEC if you have trust with total assets that exceed $5,000,000, then the individual is entitled to become an accredited investor.
5.If a company fulfill the minimum requirement of $5,000,000 and a charitable trust has assets that worth more than $5,000,000, it is possible for them to portray the role of accredited investors.