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For many years now, Iran has been on the receiving end of sanctions from all quarters including the US government, the EU, and the UN among other international bodies. Iran has been receiving these sanctions because it is a security threat to the whole world. Iran has been known to be harboring and supporting terror groups. Iran is also reported to be having nuclear weapons. For years now, all efforts to dissuade Iran from these vices and many more have not been successful. This and many more vices have led Iran to this precarious position. However much the Iranian government may deny it, Iran has suffered from the effect of these sanctions. So much that it has affected their economy and it is said that it might just be hanging by a thread. Inflation levels are really high, supply of goods to the countries is not constant and so on and so forth. People of Iranian descent all over the world have also been suffering the effects of these sanctions. Iranian-Americans are the worst hit.
Getting jobs has become almost impossible for people of Iranian descent living in the US. Hiring any person of Iranian descent can get your penalized which is a risk no company wants to take. Therefore, one of the major effects of the Iranian-Americans are having to live through as a result of the sanctions is unemployment.
Even the business community among the people of Iranian descent living in the US has been affected. This is partly because of the ban on imports and exports because those who has already established market in Iran are not able to reach the market. Other people also don’t want to do business with them because they are afraid of going against the sanction. This is due to the lack of understanding as to what these sanctions really mean and what regulations have been put in place. There have been cases where people or Iranian descent have been denied their right to buy and sell in US soil just because of who they are.
Iranian-Americans who used to send funds to their elderly parents back home cannot do this anymore because of the ban. No bank wants to help them because they are afraid of the penalties they have been threatened with.
These people don’t have access to their property back in Iran and cannot inherit anything from their relatives who pass away. It is forbidden to even hire a lawyer to take care of your business back in Iran while you are living in the US. These are some of the unintended consequences on the people of Iranian descent living in the US.