It takes guts, but could seriously pay off…
After the Iran nuclear deal conclusion, consider investing in European companies with sights set on Iran.
U.S. firms generally pulled out of Iran in the late 1970s and have never re-invested in the country.
However, European, Korean and Japanese companies certainly invested in Iran in the 1980s and 1990s, and they can’t wait to get back into one of the Middle East’s largest markets.
Some have gone so far as to say that without sanctions, Iran could be as lucrative a market as Dubai is today for high-end luxury vehicles such as Ferraris and Lamborghinis. Naturally, this will take a while.
In the meantime, companies are looking at Iran’s 80 million people and saying that the financial services and oil industries, which closely mirror each other in countries that have one major export, are likely to see moderate growth, thanks to the trade deal that will lift many key sanctions on Iran.
Keep your eye on these three areas: