INTERNAL INVESTOR QUALIFICATIONS – Legacy Prime Property

International Investor Qualifications

International investors are welcome at Legacy Prime Property. After thorough research of rules, regulations, and tax structures 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 Legacy as a Non-US Citizen

To invest in American real estate with Legacy Prime Property, non-US citizens simply need to follow this four-step process:

Create an account.
Sign up on the Legacy website, using your full legal name. Please note that only the account holder can invest using this account.
Open a US entity (C corporation).
To invest as a non-US citizen, you need to open a US entity, have a tax identification number (TIN), and an American bank account. Legacy can only accept entities in the form of a C corporation. You will need to work with a US-licensed attorney or CPA to set up your C corporation. Please note that this is not a service Legacy provides. However, many of our international clients have worked with Prime Corporate Services to open the C corporations and receive their TINs. Learn more about working with Prime Corporate Services to invest with Legacy.
Get verified as an accredited investor.
After your C corporation 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 Legacy investors. Please see the list of accredited investor qualifications below. Investors need to meet the qualifications in order to invest with Legacy. If you do not meet the qualifications, you will not be able to invest.
Invest!
With your new entity, you can start investing in Legacy’s real estate projects!

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

In order to invest with Legacy Prime Property, you need to be verified as an accredited investor. To qualify as an accredited investor, you must meet at least one of the following four requirements:

Proof of Income or Assets

We use a third-party service, Verify Investor, to verify your accredited investor status.

Each entity owner needs to provide one of the following:

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.

Ready to start the application?

Click on “Sign up” to create an account and apply to be verified as an accredited investor.

For a detailed step-by-step guide, please click here.

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