What documents can I use to verify my AI status?

You can update your annual income via Singpass in our app. Alternatively, you can upload one of the supporting documents below to the StashAway app.

1. Documents to prove income in the preceding 12 months is not less than SGD300,000

• • Notice of Tax Assessment (you can declare it with Singpass)
  • Latest Official Payslip shows YTD earnings of more than SGD300,000.
  • Bank statement showing salary crediting for last 12 months
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 2. Documents to prove Net Financial Assets exceed SGD 1 million;

• • Bank statement showing the value of assets less liability, dated not more than 3 months ago
  • If it's from a trust account, we will require a Certificate of Incumbency to evidence ownership of trust (value of net assets attributed to the client to be pro-rated according to his/her share ownership), dated not more than 3 months ago
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3. Documents to prove Net Personal Assets exceed SGD 2 million but net equity of primary residence capped at S$1 million of the SGD 2 million threshold; 

• • Bank statement showing the value of assets less liability, dated not more than 3 months ago
  • Full property address + myTax page to evidence ownership of property + bank statement showing outstanding loan amount if not unencumbered + valuation using 3-5 most recent transaction price of similar properties in a similar area
  • If the property is overseas, full property address + title deed to prove ownership + independent valuation of price OR proof of transaction price