Reza Pahlavi is the exiled crown prince and son of the last Shah of Iran. He has lived outside Iran since the 1979 Islamic Revolution and has become a prominent voice in Iranian opposition circles. The market question asks whether he will physically enter Iranian territory by the end of 2026. This is a significant geopolitical event marker: any return would likely require either a major political shift in Iran or a dramatic change in security calculations. Currently trading at 13% YES odds, the market reflects skepticism about near-term conditions enabling such a return. Historical precedent is limited—most high-profile exiled opposition figures face substantial barriers to re-entry under the current Iranian government. The market has shown moderate volume ($12.7K in 24 hours) with $84.6K in total liquidity, indicating reasonable trader interest in this geopolitical outcome. Resolution will be straightforward: confirmed reports of Pahlavi entering Iran before December 31, 2026, trigger a YES resolution. The trajectory of this market may shift with developments in Iranian politics, sanctions policy, or statements from Pahlavi himself regarding plans for return.