# UK: Qualified Investor Exemption

This framework allows issuers to **target professional and institutional investors without the need for full regulatory registration**.

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### Who Can Invest? <a href="#who-can-invest" id="who-can-invest"></a>

* **Institutional Investors:** Banks, asset managers, pension funds, and insurance companies.
* **High-Net-Worth Individuals (HNWI):** Wealthy individuals who meet specific income or asset thresholds.
* **Professional Clients:** Investors with substantial knowledge and experience in financial products, as defined by FCA rules.

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### How Much Money Can Be Raised? <a href="#how-much-money-can-be-raised" id="how-much-money-can-be-raised"></a>

* There is **no limit** on the amount you can raise under the Qualified Investors Exemption.

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### Are There Any Restrictions? <a href="#are-there-any-restrictions" id="are-there-any-restrictions"></a>

* The offering cannot be marketed or advertised to retail investors (ordinary individuals).
* You must categorize all investors to ensure they qualify as professionals or high-net-worth individuals.

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### Compliance Notes <a href="#compliance-notes" id="compliance-notes"></a>

* No full prospectus registration is required, which simplifies the process and reduces costs.
* Issuers must still provide clear and accurate offering documents to prevent misleading investors.

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### Why Choose Qualified Investor Exemption? <a href="#why-choose-qualified-investor-exemption" id="why-choose-qualified-investor-exemption"></a>

The Qualified Investor Exemption is perfect for issuers targeting experienced investors who are comfortable with less regulatory protection. It allows issuers to raise unlimited capital with minimal compliance requirements.

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