---
title: Who can make an investment in Lightstone DIRECT?
description: "nvest with Lightstone DIRECT. Investors must meet SEC accredited investor criteria: $200k+ income or $1M+ net worth. Learn how to qualify."
---

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# Who can make an investment in Lightstone DIRECT?

## Eligibility Requirements for Lightstone DIRECT Investors

- To invest with Lightstone DIRECT, investors must meet the SEC’s criteria of being an accredited investor. This includes having an annual income of over $200,000 (or $300,000 jointly with a spouse or spousal equivalent) for the past two years with a reasonable expectation of the same in the current year, or possessing a net worth of over $1 million individually or jointly, excluding the value of a primary residence. Individuals can also qualify by holding certain financial industry licenses, such as the Series 7, 65, or 82, or by being a knowledgeable employee of a private fund. Entities can qualify if they have over $5 million in assets, are composed entirely of accredited investors, or are recognized institutions like banks, insurance companies, or registered investment advisers. The definition also includes certain family offices and spousal equivalents, broadening access based on sophistication and professional experience, not just wealth.
- Lightstone DIRECT investors are passive LP investors who need not have extensive, hands-on real estate investing experience. Our investors are generally high-net worth individuals across the U.S., representing various professions.

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