British-Iranian Ali Tehrani, a 24-year-old University College of London graduate and founder of start-up firm KeyPursuit, poses for a photograph in Brick Lane in London, Britain, in this picture taken March 22, 2016. REUTERS/Pamela Barbaglia
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Some, like Paniz Golkar, a 26-year-old dual national of Iran and Canada, are tempted to return.British-Iranian Ali Tehrani, 24, tried to relocate to Iran last October but was worn down by the challenge of securing permits and licenses and an exemption from military service, which in Iran is compulsory and lasts 24 months.Iran ranked 130th out of 168 countries on Transparency International's 2015 Corruption Perceptions Index.A Western-educated Iranian can earn in excess of $15,000 a month, up to about $250,000 a year, in a senior executive role at a Western conglomerate in Iran, several headhunters and executives told Reuters.Reza Joorabchi, a 35-year-old Iranian-Canadian who left Iran at the age of six months, moved back to Tehran in November to help Western firms crack the market.Joorabchi said foreign companies must now distinguish between expats willing to live in Iran and those who are ready only to travel there.Hamid Biglari, a former Citigroup vice chairman and financier with emerging market expertise now also advising investors on Iran, said the country needs to come up with incentives for people of Iranian origin to come back, such as issuing identification cards that would allow them to travel to and invest in Iran without a visa or dual citizenship.
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