Iran is offering a visa aimed at attracting startups, innovation, and foreign investment.
The visa is for “innovators and startup managers who are keen on investing in Iran,” the official Islamic Republic News Agency reported. Individuals who receive the visa can stay in the country for three to six months and will then be eligible to receive residency. Grantees will be expected to establish their business in Iran. The visa regimen was approved late last year, according to the agency.
Iran is not the only country in the region to create mechanisms aimed at attracting innovators from abroad. Earlier this month, Dubai launched an artificial intelligence license with the goal of attracting AI-focused firms.