Onboarding Document Instructions for Individuals to Ocree 

1. Income Evidence  

  • The individual income requirement is an annual income of more than $200k. The joint income requirement is an annual income of more than $300k. Both thresholds require you to have a reasonable expectation of reaching the same in the current year. 

  • Documentation must be for two consecutive years within the past two years – e.g. as of 2024, we can either accept forms from 2022+2023, or 2023+2024. 

  • If you plan to rely on joint income for one of the two years, you must meet the $300k threshold for both. 

  • If your spouse does not share your surname, we may ask for a marriage license or certificate before considering their individual tax documentation. 

  • Documents must be official tax documents in your name. T4, T4A. 

  • We cannot accept internally prepared documents or documents from employers. We will always request the original tax documentation when available. 

  • Exception: We can accept official pay stubs alongside an employment verification letter when tax documentation is not available for the most recent year only. 

  • We cannot annualize your earnings for verification. Evidence must meet or exceed the threshold year-to-date. 

  • Documents must be in English. We recommend obtaining a third-party accreditation attestation if your income documentation cannot be translated  

2. Net Worth Evidence 

The individual net worth requirement is a net worth of over $1,000,000, individually or together with a spouse - excluding the value of your primary residence. 

  • All evidence must list the investor’s name and be dated within the last 90 days, unless otherwise noted.  

This accreditation method considers both liabilities and assets.  

Liabilities 

  • To consider individual evidence of assets, we require evidence of liabilities in the form of a consumer credit report from a major credit bureau. 

  • The individual’s mortgage on a primary residence is excluded from the calculation.  

Assets 

Preferred forms of evidence include, but are not limited to: 

  • Bank account statements (please note that we are not able to accept balance letters). 

  • Brokerage statements. 

  • Audited financial statements. 

  • We can consider private equity holdings if we receive recent evidence of ownership alongside a formal valuation dated within the last 12 months. 

  • We can accept crypto holdings, provided the investor name is listed on the evidence. 

  • If assets held via an entity are to be considered for an individual, we may request additional ownership documentation to prorate holdings. 

  • Assets held in irrevocable trusts generally cannot be considered for individual net worth.  

3. Professional License Certification 

We independently verify investors’ individual or firm license through the CSA Registration Database