Vidhiśāstras – Advocates & Solicitors has provided legal counsel to Pagani Capital Holding on the structuring and regulatory aspects of a $35 million residency investment programme. This initiative is focused on India and the Middle East, aiming to boost foreign capital participation in qualifying projects throughout India.
The comprehensive mandate involved advising Pagani Capital on a variety of legal and regulatory matters. This included guidance on introducing and promoting the programme in India, with emphasis on foreign investment considerations, corporate structuring, compliance requirements, investor onboarding processes, and transaction documentation.
Vidhiśāstras played a pivotal role in establishing the programme framework. Their expertise extended to reviewing applicable regulatory requirements, preparing and negotiating transaction documents, and implementing governance and compliance measures that facilitate capital deployment.
The firm also conducted extensive legal due diligence, provided advice on cross-border investment issues, evaluated project-level legal risks, and assisted in developing investor protection and risk management mechanisms.
The residency investment programme is structured to offer Indian investors opportunities to invest in Portugal. It is designed as a compliant platform, aiming to channel up to $35 million in aggregate investments into identified projects. The focus is on sectors anticipated to drive long-term economic development and capital growth.
