What eligibility criteria and regional restrictions exist for participating in Legion sales?
Understanding the eligibility criteria and regional restrictions for Legion sales is essential to ensure compliance with applicable regulations. This article provides an overview of these requirements to help users determine their qualification to participate.
Key Eligibility Requirement: Place of Residence
Legion sales eligibility is determined based on your place of residence, not your citizenship. This distinction is crucial as it means your physical location, rather than your national identity, is the deciding factor for participation. Depending on where you reside, additional requirements such as accredited investor status may also apply.
Regional Exclusions and Common Limitations
Certain regions are excluded from participating in Legion sales due to local regulatory requirements. These exclusions typically include:
The United States (unless you are a US accredited investor)
The United Kingdom
Regions under OFAC sanctions, such as: - Russia - Certain regions of Ukraine - Iran - Syria - North Korea - Cuba
The specific exclusion list may vary depending on the sale, as individual projects can set additional or modified criteria. To ensure you have the most accurate and up-to-date information, always review the terms and conditions for the specific sale you are interested in.
Conclusion
Participation in Legion sales hinges primarily on your place of residence, with additional exclusions based on jurisdictional regulations. As regional restrictions and eligibility requirements can vary by project, it is important to consult the specific terms for each sale. Remaining informed of these nuances helps ensure compliance and prevents unnecessary complications during the sale process.