Based on restrictions from the SEC (Securities and Exchange Commission) rule 506c, only accredited investors can invest with Gatsby Investment.
You can apply for verification through our website, using a third-party service; “Verify Investor.” This is a secure process we provide as a complimentary service to all Gatsby investors.
How to determine if you are an accredited investor
To qualify as an accredited investor, you must meet one of the following four requirements.
- Individuals who have earned $200,000 or more in gross income, each year, for the past two years and expect to continue to do so.–or–
- Individuals whose gross income, when combined with a spouse's income, totals $300,000 or more, each year, for the past two years.–or–
- Individuals who maintain a net worth of $1 million or more, excluding the value of his or her primary residence.–or–
- An entity with at least $5 million in assets, or a business in which all equity owners are accredited investors.
How do I prove that I am an accredited investor?
Before you start the application, please make sure you have proof of income and/or assets available.
Investing as individuals and retirement accounts
- Proof of income for the past 2 years should be supported by official tax records such as US tax returns, W-2, K-1, 1099, or other government documents.–or–
- Documentation of assets proving you have a net worth of at least $1,000,000, excluding your primary residence. Documentation could include a property deed, bank statements, letter from a financial institution, or vehicle title that shows ownership, etc. Investors also need to provide third-party liability evidence by submitting a copy of their credit report (no older than 90 days). You can order one free credit report from any of the credit reporting bureaus from annualcreditreport.com.–or–
- A verification letter dated within the last 90 days from a third-party licensed attorney, a CPA, an SEC-registered investment advisor, or a registered broker-dealer certifying that you are accredited.
Investing as an entity or trust
- An entity or trust with total assets in excess of $5,000,000 would typically provide a bank statement, a formal valuation from a valuation professional, or perhaps an appraisal of real estate held by the entity.–or–
- If the entity or trust does not meet the minimum assets test, it might also be able to qualify as an accredited investor if all of its equity owners are accredited investors. In that case, each entity owner needs to provide one of the following:
- Proof of income for the past 2 years supported by official tax records such as US tax returns, W-2, K-1, 1099, or other government documents.
- Documentation of assets proving you have a net worth of at least $1,000,000, excluding your primary residence (documentation could include a property deed, bank statements, letter from a financial institution, or vehicle title that shows ownership, etc.)
- A verification letter dated within the last 90 days from a third-party licensed attorney, a CPA, an SEC-registered investment advisor, or a registered broker-dealer certifying that you are accredited.
Click below to download the accredited investor verification letter.
Accredited Verification Validation
An accredited investor verification is valid for up to 90 days. You must make your first investment and complete the wire transfer within this timeframe, to avoid having to apply again. Once you have made your first investment, your verification remains valid with Gatsby Investment.
Therefore, we recommend that you start the application once you are ready to invest.
International investors are welcome at Gatsby Investment. After thorough research of rules, regulations, and tax structure between the United States and over 200 countries, we are pleased to offer a way for non-US citizens to invest in real estate with us.
How to Invest with Gatsby as a Non-US Citizen
To invest in American real estate with Gatsby Investment, non-US citizens will need to follow the five-step process below.
- Create an account.Sign up on the Gatsby website, using your full legal name. Please note that only the account holder can invest using this account.
- Schedule a meeting with Gatsby.Because all investors are required to be verified as accredited investors before investing, we would like to meet with you to discuss the accredited qualifications before moving to the next step. During this meeting, we will go over the accredited requirements and confirm that you qualify. We will also help answer any questions you have about the process or our investments in general. Please email us at support@gatsbyinvestment.com or click here to schedule a call.
- Open a US entity.To invest as a non-US citizen, you need to open a US entity and have a tax identification number (TIN). You will need to work with a US-licensed attorney or CPA to set it up. There are multiple ways to invest as a non-US citizen. The attorney or CPA will help find the best way for you to invest, based on your country and specific investment goals.
- Get verified as an accredited investor.After your US entity is created, you can apply for accredited investor verification through our website, using the third-party service Verify Investor. This is a secure process we provide as a complimentary service to all Gatsby investors.
- Invest!With your new entity, you can start investing in Gatsby’s real estate projects. The minimum investment for international investors is $100,000, which you can invest into one property or spread across multiple properties to diversify your investment portfolio.
NOTE: If you live outside the United States, it is your responsibility to fully observe the laws of any relevant territory or jurisdiction outside the United States in connection with any purchase of membership interests, including obtaining required governmental or other consents or observing any other required legal or other formalities. Unless otherwise expressly indicated by us, we have not registered or qualified the offering of shares in any jurisdiction outside the United States.
How to Determine if You Are an Accredited Investor
To qualify as an accredited investor, you must meet at least one of the following four requirements:
- Individuals who have earned $200,000 or more (when converted to US Dollars) in gross income, each year, for the past two years and expect to continue to do so.–or–
- Individuals whose gross income, when combined with a spouse's income, totals $300,000 or more (when converted to US Dollars), each year, for the past two years.–or–
- Individuals who maintain a net worth of $1 million or more (when converted to US Dollars), excluding the value of his or her primary residence.–or–
- An entity with at least $5 million in assets (when converted to US Dollars), OR a business in which all equity owners are accredited investors.
Proof of Income or Assets
In order to invest with Gatsby Investment, you need to be verified as an accredited investor. We use a third-party service, Verify Investor, to verify your accredited investor status.
Each entity owner needs to provide one of the following:
- Proof of gross income of $200,000 (when converted to US dollars) or more, each year, for the past 2 years, with a W-2, Schedule K-1, or 1099, or an equivalent document used in your country.–or–
- Proof of gross income of $300,000 (when converted to US dollars) or more, each year, for the past 2 years, when combined with your spouse, with a W-2, Schedule K-1, or 1099, or an equivalent document used in your country.–or–
- Documentation of assets proving you have a net worth of at least $1,000,000 (when converted to US dollars), excluding your primary residence. This could include a bank statement, letter from a financial institution, property deed, or vehicle title that shows ownership along with a professional valuation, etc. For the net worth assessment, you will also need to submit a current copy of your credit report (no older than 90 days) or an equivalent document used in your country.–or–
- A third-party professional letter from a licensed attorney, CPA, registered broker/dealer, or SEC-registered investment advisor to certify that you (or your entity) meet the accredited investor qualifications. For the $1M net worth assessment, you will also need to submit a current copy of your credit report (no older than 90 days) or an equivalent document used in your country.–or–
- Proof of entity assets exceeding $5,000,000 (when converted to US dollars), with a formal valuation from a valuation professional or accountant.
NOTE: Your income should be supported by your country's equivalent of US official tax records such as tax returns, W-2, K-1, 1099, or other government documents, if possible. If that type of official documentation is not available, you may be able to provide evidence through earnings statements, pay stubs, a letter from your employer certifying your income, or bank statements that show that you receive that income. Additionally, if the evidence is not in English, you must provide Verify Investor with a translation of the relevant portions of the evidence. This translation can be informal and written on the margins of the document.