Angel Investing is for wholesale investors who are defined by New Zealand’s FMCA 2013 under two common criteria – Eligible or Wealthy / Finance Professionals.
“Eligible” Wholesale Investors
Are defined as investors who have adequate investing experience and knowledge to be able to weigh the risks and merits of an investment opportunity. They have been involved in investing in companies (on a share market or directly in unlisted companies) or more generally in the buying or selling of financial products.
“Wealthy / Finance Professional” Wholesale Investors
In NZ ‘wealthy’ is defined as having $5m in net personal assets (including all entities you control) or having invested $1m or more in a financial product. Professionals working in the finance industry also qualify.
Not sure what category you might fit in? Our FREE online wholesale investor questionnaire will help you understand the criteria. It’s free and only takes a few minutes.
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