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What Are The Implications Of The Sanctions Against Iran On The People Of Iranian Descent Living In The US?

The US has quite a substantial number of people of Iranian descent living there. There are a variety of reasons why they come here to the US. Life for these Iranian-Americans has turned sour following sanctions against Iran. Well, the story behind this turn of events is that Iran has been participating in a number of vices that are completely unacceptable to the international community and the result of its reluctance to desist from these vices has resulted in this precarious situation. Some of these vices are the manufacture of nuclear weapons, harboring, protecting and supporting terror groups among other things. The EU, UN, US government among other international bodies have issued sanctions against Iran as a result of this. These sanctions have been meted out against Iran since the 1970’s but have only recently started to get even more serious.

Iran’s economy is taking a hit as are result of these sanctions. The effects are also being felt by the people of Iranian descent living elsewhere in the world and more so those that are living in the US. One of the major problems being unemployment. So, what are the results of the sanctions against Iran on the Iranian descent living in the US?

The Iran sanctions have not only affected those who were employed in the US but even those who have their own businesses. The biggest blow for the business community was the restrictions on imports and exports because this is the lifeblood of business. These Iranian-American businessmen who have already established a market or their source of goods from Iran or vice versa cannot get to it. The fact that the focus was on this particular industry has not only affected Iran’s economy but also people of Iranian descent living in the US. Apart from business being paralyzed as a result of the ban on exports and imports, no one wants to buy from these Iranian-American businessmen because they are afraid of going against the sanction and getting into trouble.

Because even the sending and receiving of gifts has been prohibited, people have had to cut ties with their relatives in Iran. Those that sent funds as support for their elderly parents cannot do that anymore. If you really have to send money, you would have to carry cash in suitcases and it still would not be easy to do that. No bank wants to help because they are afraid of getting penalized if they are found.

Because of the sanction, getting access to property or inheritance in Iran is impossible. There is no investing allowed so any businesses have had to be neglected.

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