After the lifting of the Iran sanctions in January 2016, there was worldwide euphoria about the new business opportunities arising from the opening of the Iranian market. Many German companies optimistically continued to make old contacts or dared to enter the market. Now it is clear that business is developing much more slowly than expected, as companies are still confronted with significant hurdles. These include legal uncertainty and high audit costs due to the continued application of some US sanctions as well as the withdrawal of German commercial banks in the processing of payment transactions and foreign trade financing. Nevertheless, demand from Iran remains high and the interest of Iranian graduates and employed persons in employment in Germany has risen significantly.