Reza Pahlavi, the exiled son of Iran’s last Shah, has publicly stated his intent to return to Iran as soon as conditions permit—even prior to full regime change—potentially entering a liberated area to encourage defections and unify opposition efforts. Recent context includes the 2026 U.S.-Israeli strikes, the February assassination of Supreme Leader Ali Khamenei, subsequent ceasefire negotiations, and renewed domestic protests, which have heightened expectations around opposition coordination. Pahlavi has urged supporters to await his “final call” rather than act independently, while continuing advocacy through international speeches and tours. Trader consensus reflects significant barriers, including the Islamic Republic’s institutional continuity, limited verified internal support networks, and questions about his ability to secure safe entry or broad domestic backing amid ongoing instability. Scheduled or emerging triggers could include intensified protests, further diplomatic shifts, or security developments within the resolution window.