The island, which is 5 miles by 10 miles, is home to 20,000 full-time residents and the entry point of about 15 percent of Iran’s imports.
That’s why American clothing products, such as Abercrombie & Fitch , Tommy Hilfiger and the Gap are found in Kish’s glittering, well-stocked malls. Those products largely come by way of Dubai.
Many of the shoppers aren’t buying items for their individual use, but are traders, who buy products in Kish and sell them on the mainland for huge mark-ups. These traders earn a weekly allowance of about $500.
Watch Erin Burnett's next report about Iran in the special series "The Forbidden Zone," Tuesday, December 7 on "Street Signs" 2pm ET on CNBC. She will interview the Treasury Department official who oversees enforcement of U.S. economic sanctions against Iran.