How to obtain Authorization for Iranian clients

Ministry of Foreign Affairs and International Trade informed us today of the requirements to obtain an Authorization for Iranian clients affected by the recent Economic Sanctions (Special Economic Measures - Iran).

As the imposed sanctions on Iran restrict financial transactions, an Authorization is required in order to be able to transfer funds related to the Immigrant Investor Program, open a bank account, apply for mortgage or credit card or obtain other similar financial services.

Information required from the client:

• Full name, civic address, email address and telephone number.
• A detailed description of the proposed/required transaction or activity.
• Contact information (name, address) of any individual or entity involved, including financial institutions.
• A detailed description of the reason(s) for the financial transaction or activity.
• Copies of any documents related to the proposed transaction or activity, such as proof of immigration status, residency status, Visa, etc. as well as any other relevant information.

How to submit the information:

There is no specific form to complete in order to apply for an Authorization.

The applicant or his/her representative may simply send the required information to the Economic Law Section by email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

The decision-making process can take three to six weeks. It is possible to accelerate the process on grounds of urgency, if requested by the applicant. However, decision-making cannot be guaranteed for a specific date.

Contact us for more information.