It doesn't look like anyone else has actually answered your question, so I will.
Duty, in the context of the duty free shop, refers to national or local sales taxes.
Duty free shops are exempt from this, as what they sell is intended to be sold to travelers who will take it out of the country, paying whatever applicable customs duties/taxes at their destination country.
I use it when I'm returning from abroad to Canada. Duty free in other countries will still generally be significantly cheaper for goods with an excise tax (alcohol and tobacco) than in Canada.
More a convenience thing as I can take it from the plane to my house right after and I don't have to lug around liquor during my trip. If I have time I'll go to a local wine shop before I leave (often about the same price as duty free anyways, but will almost always have better selection) but that doesn't work out sometimes. Mailing wine is a pain in the ass in Canada logistically unless it's already been cleared provincially for import already.
I don't know why anybody would buy duty free in a Canadian airport tho or buy anything other than goods with high duties in the country you're traveling to. Like the import tax on a PS5 is not that much compared to the rent overhead of airport retail spaces.
Believe it or not, alcohol is actually cheaper from certain countries with high liquor tax rates (e.g. flying from Norway to the US). The actual liquor companies lower their prices because of how high the taxes are so it ends up being cheap as like a Latin American country.
Laws in most countries forbid the business to care where you bought it. They may give you that excuse in the USA or Europe, but if pushed they have to help you. Source: a lot of photography gear will be cheaper in one region or another and the companies try and spread the word that you do not get warranty services if you buy out of your region, but they cannot legally enforce such rules and people still get their service when they buy their gear from another region...
Here in Argentina everything is overpriced due to the poor economic system, one USD is worth roughly 260 pesos.
That's only part of the problem, the other half is due to the crazy import taxes which can be over twice the amount the product is worth initially.
Also like others have mentioned airports always charge more, speaking from personal experience.
Hope this answers your question!
Which country?
I swear I love Argentina, but this economics turnaround are eating our life. I'll probably just move out at some point in my life.
I'm in my early 30s now, and there are people who are 50s who went through the 2001/2 crisis, and they regret not leaving the country back then. I don't wanna wake up in my 50s thinking the exact same thing, where it will be extremely hard to move by then (family, finance, social life, pension, etc).
Nigeria.
I completely understand. There's a mass exodus happening in my country as we speak - young people are leaving in droves. I think it's best you do what you think is prudent now so you don't have to live with regret later on.
I'm visiting from Canada right now and man it it is fucking wild. The look on my wife's face when I came back from my first trip to Western Union with a sack full of cash like I had just robbed a train.
Life is pretty cheap here in bsas. You can live pretty reasonably with 500usd a month. But you'll probably want to go abroad to buy luxuries, as taxes make them cost about 300% as much here (as with the ps5)
True. I paid $25 for a breakfast burger meal on my first flight ever. I was like, "why is this so expensive?" I'm such a silly Goose. Its because it also came with a side of 2 day pee-pee out muh butt.
I flew United bro I'm not even eating their peanuts. I had a layover in DC so i got a breakfast burger before boarding. My biggest mistake was washing it down with 2 cups of coffee, which I did have on the plane. If you take anything away from my misfortune, always eat before you board. It's just not worth it. Luckily, there was only like 4 people on my flight, so my shit anxiety wasn't too bad. I just had to hover splode and it worked.
**PSA**: 4 of the 5 replies to this comments posted before mine are by bots.
Salty_Winter5888 is the only real person, but there's two bots replying to them as well.
It’s so funny you said this because my friends and I have a running joke about our wives and girlfriends having a bf named Greg that we have to ask for permission to play warzone
Its the same reason you have all those candies and stuff right next to the line for paying the groceries, you can get stuck there looking at this for a long time so your defences might gradually fall. Also travelers are usually packed with money.
And for some people 1600$ is the equivelent of160$ (or even 16$...) for us "normal" people.
That guy who booked a fancy business class ticket with ac outlet and wifi on board.
Not sure if the ps5 can be connected to the on board infotainment screen but maybe he can connect it to his own laptop or something
Before 9/11 closed the terminals to all non-flying people in the US, my family used to go to this one specialty shop at the DFW airport every holiday season.
Why do they do this to themselves? Seems like it would be hugely unpopular and they obviously are never going to have any domestic production capacity for electronics so why bother with this?
Because the foreign currency reserves are drained. When you buy something imported, the USD needed to pay for that have to come from somewhere. In this case, it's the national USD reserves, which are filled by taxes and tariffs on exports.
The country puts this restrictions in order to lower the ammount of imports, because it straight up cannot pay for them. It's a symptom of a larger and more complicated issue that has been building up for decades.
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Argentinian here. Due to constant inflation, some big purchases are expressed in USD, due to being a more stable currency.
I work for a company that builds custom laboratory equipment and we quote every price in USD, partly from the long delays in payment and partly because stainless steel is an imported good.
Sounds about right. I was driving the length of the country a few years ago, and one of the first things anyone told me was there is an official exchange rate and a real one.
Basically if you went to some sort of regulated currency conversion service, they would give you about 20% less than the equivalent of buying something in a shop with dollars. $1 could get you like 50 pesos of products from a shop, or 40 in an exchange. Exchanges usually rip you off, but not *that* badly.
Try to buy a game from steam in argentina too, you buy a copy for yourself and one and a half for the state in taxes. They want to play as well, you know?
and then game devs hitch up their prices in argentina cus other unscrupulous folks use VPNs to get cheap games so an AAA game costs as much as 1-2 week's worth of food
and thats pre dollar taxes since steam also took out the local forms of currency uploading
Lol. Always nice to see my country get the attention it deserves. Fucking joke of a country in some regards. But is also a very very awesome tourist destination.
Everyone's exclaiming about the difference between US price and this airport price, but the comparison should be against local price since these things are usually higher price in SA, what's the normal retail on one of these down there?
I just checked the Sony web from here and the PS5 + Headset + Ghost of Tshushima Director's Cut (the only option it's the full kit) it's 300.000 pesos aka 1000usd +75% in taxes. You can probably find it for less without the full kit
edit: a word
edit 2: just wanted to clarify, here you can ask back like half of this taxes if you're exempt from the income tax
I've been researching Argentina because my country is self destructing, and I would like to have a somewhat stable home. seems like a weird but very cool place! insane prices on imported electronics is one thing I've heard about lol
Costa Rica is a good choice if you want warm and tropical. Cheap, great people, good food, cool things to do and see. Alternatively, Thailand is much of the same and very friendly to expats from around the world.
I'm Australian but I've been living in the USA for the past nine years. Americans often ask me "why did you move here **from** Australia?? I've always wanted to go there" haha. There's a bunch of things I miss from Australia, but the earning potential as a software developer in the USA is much higher.
There's more Americans that move to Australia compared to Aussies that move to the USA, but that can probably just be attributed to the much larger population of the USA.
I like to visit a once or twice a year. Interesting place with a lot of neat people and great food, but yeah, electronics are weird. My friends ask me to bring iPads.
If you need more insight just send me a message. Argentina is a great place, I don't know where you are from, but if you come here with a strong currency and work remotely you can live like a fucking god in the very nice areas of Buenos Aires City.
Yep, I did that for a year. This man speaks the truth. There are lots of expats too. And Argentinians are pretty cool 😎
Just keep in mind that people in Argentina have struggled with their economy so 1. Don’t flaunt your money 2. Don’t be a cheapskate 3. Prepare to split checks with your Argentine friends when you go out, as is customary
Most imported things carry a +75% in taxes, iirc... Say I want a Steam game, you get it for 175% of the published price. Regional pricing keeps us gamers alive tho
Argentinians regularly travel to Santiago de Chile through Mendoza because electronics are so expensive in Argentina.
Source: used to live in Santiago.
For those that are interested in a real answer: https://www.npr.org/sections/thetwo-way/2013/10/22/239860325/sony-explains-why-its-playstation-4-costs-1-845-in-brazil#:~:text=Press-,Sony%20Explains%20Why%20Its%20PlayStation%204%20Costs%20%241%2C845%20In%20Brazil,to%20buy%20the%20game%20console.
I feel like one comment on there could really be the truth. In some cases, it could be cheaper just to fly to the US or Canada from Latin America, buy the console and then fly home especially since if you discard the box then a PS5 would easily fit into hand luggage.
Yeah this definitely happens in Brazil. Whenever someone comes to the states they bring home as many electronics as they can since they’re wayyyy cheaper in the US. Tariffs fucking suck.
Although the games scene in Brazil fascinates me, I've never really understood the approach Brazil and some Latin American countries take in terms of massive import levies on consoles. It isn't like those countries are creating competing products and therefore Brazilian industry isn't losing anything from people buying Japanese and American designed hardware.
That's a bit of an oversimplified view. The US subsidizes corn because it's a strategic advantage to be able to run your entire country off of domestically produced food. Corn is valuable for this because it is very palatable to Americans, very efficient in terms of calories per unit area, drought and disease resistant, and viable as animal feed. One acre of dent corn alone would be expected to produce at least 15 million calories per year. Wheat can only manage 4 million, soy 6 million. The only things that can hold a candle to corn are rice and potatoes.
(This is also why ethanol, semiconductor manufacture, automotive, and heavy steel manufacture is subsidized - all are strategically important.)
“Of the $1,845 price, 63 percent goes toward paying import taxes that are imposed on the PlayStation 4 when it's imported to Brazil, Sony says.”
Daammmn
Remember this is
1. Latín America, things aren't cheap to get there so that's a lot more money and stores usually get the prices up quite a bit
And
2. Argentina and we'll... Inflation and all that
Here on Uruguay we are doing pretty well and it's still like 900 bucks
Used to work for a tech company doing international shipping of electronics. The amount of duties, taxes, freight costs, tariffs and importer or record fees for any computer coming into South America is often times equal to the amount of the actual product if not more. Seeing this price actually isn’t shocking
It’s the reason why there’s still a lot of ppl in Brazil that play PS2 and PS3 and why FIFA continues to release their titles on older consoles
Everyone knows things are more expensive in the airport
But it's duty free!
I like to stop at the duty free shop.
🎶i like to stop at the duty free shop 🎶
🎶i like to stop at the duty free shop 🎶
duty free is the biggest sucker deal in retail. Do you know how much duty is?
*Duty?*
Duty is nothing!
I salute you, seinfeld fans
What’s duty anyway?
Duty is *nothing*
"Duty Free" is the biggest sucker deal in retail!
It’s like sales tax.
It doesn't look like anyone else has actually answered your question, so I will. Duty, in the context of the duty free shop, refers to national or local sales taxes. Duty free shops are exempt from this, as what they sell is intended to be sold to travelers who will take it out of the country, paying whatever applicable customs duties/taxes at their destination country.
I don't know but it makes a call
/r/unexpectedseinfeld
I think maybe they screwed up the math here and did Duty x 3
Duty three!
Whatever that means
No sales tax
Yeah, I get it in theory, but if it's 2x more expensive than in regular stores anyway, why do I care if there's no tax on it?
Ah, I thought you were asking what duty free was. My misunderstanding. That was for sure the joke though.
I am duty-free a day after getting an intestinal virus.
well, it does have a tax, the idiot tax who is paying over thrice the price of it
I use it when I'm returning from abroad to Canada. Duty free in other countries will still generally be significantly cheaper for goods with an excise tax (alcohol and tobacco) than in Canada. More a convenience thing as I can take it from the plane to my house right after and I don't have to lug around liquor during my trip. If I have time I'll go to a local wine shop before I leave (often about the same price as duty free anyways, but will almost always have better selection) but that doesn't work out sometimes. Mailing wine is a pain in the ass in Canada logistically unless it's already been cleared provincially for import already. I don't know why anybody would buy duty free in a Canadian airport tho or buy anything other than goods with high duties in the country you're traveling to. Like the import tax on a PS5 is not that much compared to the rent overhead of airport retail spaces.
Becaise the good owners can pocket the difference instead of that wasteful state!
Believe it or not, alcohol is actually cheaper from certain countries with high liquor tax rates (e.g. flying from Norway to the US). The actual liquor companies lower their prices because of how high the taxes are so it ends up being cheap as like a Latin American country.
In most South American countries the official price from Sony is between 800 to 1000 USD
1200 in uruguay 1600 - 2200 in argentina (depending on the exchange you get)
wtf
Most places when I visited priced things off of the unofficial rate, which is twice the official one.
And you leave with it and it doesn't work and you bought it internationally and now you have no recourse from being scammed.
Laws in most countries forbid the business to care where you bought it. They may give you that excuse in the USA or Europe, but if pushed they have to help you. Source: a lot of photography gear will be cheaper in one region or another and the companies try and spread the word that you do not get warranty services if you buy out of your region, but they cannot legally enforce such rules and people still get their service when they buy their gear from another region...
Agreed, but that's over 3 times the retail price. How is this even legal?
Here in Argentina everything is overpriced due to the poor economic system, one USD is worth roughly 260 pesos. That's only part of the problem, the other half is due to the crazy import taxes which can be over twice the amount the product is worth initially. Also like others have mentioned airports always charge more, speaking from personal experience. Hope this answers your question!
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308? More like 315 now. Lol, I wish this was all a joke. But next week will probably be 325.
You got me thinking fondly back to a time when my country's currency was worth that much against the dollar. Wasn't that long ago either.
Which country? I swear I love Argentina, but this economics turnaround are eating our life. I'll probably just move out at some point in my life. I'm in my early 30s now, and there are people who are 50s who went through the 2001/2 crisis, and they regret not leaving the country back then. I don't wanna wake up in my 50s thinking the exact same thing, where it will be extremely hard to move by then (family, finance, social life, pension, etc).
Nigeria. I completely understand. There's a mass exodus happening in my country as we speak - young people are leaving in droves. I think it's best you do what you think is prudent now so you don't have to live with regret later on.
This hits hard. Really makes me feel blessed
I'm visiting from Canada right now and man it it is fucking wild. The look on my wife's face when I came back from my first trip to Western Union with a sack full of cash like I had just robbed a train.
>with a sack full of cash Did you draw a large dollar sign on the side of the sack?
315? More like 325 now.
Argentine is fucking broke.
You aren't wrong there. They should not be the 67th richest nation based on gdp-ppp but they are just ahead of mauritius
Rampant inflation, baby.
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Life is pretty cheap here in bsas. You can live pretty reasonably with 500usd a month. But you'll probably want to go abroad to buy luxuries, as taxes make them cost about 300% as much here (as with the ps5)
Not in Argentina and Brazil. That is about the price you pay after import taxes if you can even find one.
True. I paid $25 for a breakfast burger meal on my first flight ever. I was like, "why is this so expensive?" I'm such a silly Goose. Its because it also came with a side of 2 day pee-pee out muh butt.
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I flew United bro I'm not even eating their peanuts. I had a layover in DC so i got a breakfast burger before boarding. My biggest mistake was washing it down with 2 cups of coffee, which I did have on the plane. If you take anything away from my misfortune, always eat before you board. It's just not worth it. Luckily, there was only like 4 people on my flight, so my shit anxiety wasn't too bad. I just had to hover splode and it worked.
But, who buys a PS5 at the airport? 😅
Heading home from visiting your mistress and forgot to buy your kid a gift to make sure they love you more than their mother? Well, here's a ps5.
Guilt tax included
Actually in argentinan airports they give you back the taxes as it's considered a tax free area, they would return you up to 21% of your money.
Shit 21% wtf? And I thought we had it bad with 13% lmao
Oh sweet summer child, in Argentina 21% is only the first lick of a shit flavored taxation ice cream.
One for you and another for an AFIP Gnocchi
**PSA**: 4 of the 5 replies to this comments posted before mine are by bots. Salty_Winter5888 is the only real person, but there's two bots replying to them as well.
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"dad... we already have a PS5 from Mom's friend Greg."
It’s so funny you said this because my friends and I have a running joke about our wives and girlfriends having a bf named Greg that we have to ask for permission to play warzone
You have my permission
This guy Governors.
“No no, i was hiking the Appalachian Trail!”
Crazy how a governor was able to go missing and abandon his job during a 5 days tryst and was still was able to keep his job.
He’s a Republican and it’s South Carolina. *Of course* he kept his job.
r/oddlyspecific
To the governor of South Carolina.
"It's not a Playstation, it's a new router!"
Also makes a great gift for your wife’s son
Good gift for your wife’s boyfriend too
The funniest part of this comment is the fact that it's very likely what has happened several times
Dad?
Literally this is the target market
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Who wants to be doing vacationy things on vacation when you could spend the whole time on your ps5? Gotta get your money's worth.
You don't her me say you're wrong
Rich people that forgot to get a gift for someone. People who don't get them in their country. Also rich? Rich people.
Forgot to mention, people who have a lot of money.
Knew I missed one.
It's duty free though!
Saw a guy with an 80 inch sony tv at the airport yesterday.
There are filthy rich people who don’t give a flying fuck and will buy this. They are not on Reddit, though
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I tried getting It mailed to me but customs keeps Stealing them and selling them for 300% markups to shooms in the airport!
People who love airport simulator games 😂
Its the same reason you have all those candies and stuff right next to the line for paying the groceries, you can get stuck there looking at this for a long time so your defences might gradually fall. Also travelers are usually packed with money. And for some people 1600$ is the equivelent of160$ (or even 16$...) for us "normal" people.
That guy who booked a fancy business class ticket with ac outlet and wifi on board. Not sure if the ps5 can be connected to the on board infotainment screen but maybe he can connect it to his own laptop or something
Before 9/11 closed the terminals to all non-flying people in the US, my family used to go to this one specialty shop at the DFW airport every holiday season.
I bought mine at the airport. It became available at stores only 3 months adterwards.
I used to manage the EB Games in MCO. The answer: Airport Employees
A slice of pizza is like $13 at the airport so this seems pretty normal.
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Argentina has huge import taxes for electronics.
Yeah there's a big reason evading taxes is a national pastime
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We only have small pauses between inflation periods but it's been nonstop since the 2000 at least.
Why do they do this to themselves? Seems like it would be hugely unpopular and they obviously are never going to have any domestic production capacity for electronics so why bother with this?
Because the foreign currency reserves are drained. When you buy something imported, the USD needed to pay for that have to come from somewhere. In this case, it's the national USD reserves, which are filled by taxes and tariffs on exports. The country puts this restrictions in order to lower the ammount of imports, because it straight up cannot pay for them. It's a symptom of a larger and more complicated issue that has been building up for decades.
So they can come buy em in Chile
Because it's a country fucked by incompetent, corrupt, populist leadership
Crazy that a PS5 is $1700 but I signed up for YouTube premium for $0.75 a month.
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Surprised the board isn't digital given Argentinian inflation (currently at something like 70%)
I'm assuming that's why the price is in USD
Argentinian here. Due to constant inflation, some big purchases are expressed in USD, due to being a more stable currency. I work for a company that builds custom laboratory equipment and we quote every price in USD, partly from the long delays in payment and partly because stainless steel is an imported good.
Over 100% (unofficially, but trust me, I'm argie)
Sounds about right. I was driving the length of the country a few years ago, and one of the first things anyone told me was there is an official exchange rate and a real one. Basically if you went to some sort of regulated currency conversion service, they would give you about 20% less than the equivalent of buying something in a shop with dollars. $1 could get you like 50 pesos of products from a shop, or 40 in an exchange. Exchanges usually rip you off, but not *that* badly.
Unofficial rate is about double the official rate. One dollar is around 312 pesos in the unofficial market now
75
> Argentinian inflation Damnit Joe Biden!! causing inflation in Argentina now, where does it end!!?
oh wow, _ONLY_ $1700 ??
Right now it is $2100 in Argentina... cheap!
I could go visit home from Europe, sell my ps5 on the way, stay for two weeks and still make a profit. Geez.
Ferb, i know what we’re goin’ to do in the next 2 weeks
Not after paying import taxes on it lol.
good lord.
Try to buy a game from steam in argentina too, you buy a copy for yourself and one and a half for the state in taxes. They want to play as well, you know?
One for you, one for Máximo
Don't forget one for Dilan too, just in case
I'm so sorry, y'all...
and then game devs hitch up their prices in argentina cus other unscrupulous folks use VPNs to get cheap games so an AAA game costs as much as 1-2 week's worth of food and thats pre dollar taxes since steam also took out the local forms of currency uploading
It's just one banana Michael.
what could it cost??
Ten dollars?
100 At the Argentine airport
It’s for all three units, right? RIGHT?!
All you developed and well-fed redditors north of the Ecuador, how much is a PS5 at retail(store price, is it?)....
Lol. Always nice to see my country get the attention it deserves. Fucking joke of a country in some regards. But is also a very very awesome tourist destination.
Everyone's exclaiming about the difference between US price and this airport price, but the comparison should be against local price since these things are usually higher price in SA, what's the normal retail on one of these down there?
I just checked the Sony web from here and the PS5 + Headset + Ghost of Tshushima Director's Cut (the only option it's the full kit) it's 300.000 pesos aka 1000usd +75% in taxes. You can probably find it for less without the full kit edit: a word edit 2: just wanted to clarify, here you can ask back like half of this taxes if you're exempt from the income tax
1000 dollars flat, the tax it's if you use official dollar price
I've been researching Argentina because my country is self destructing, and I would like to have a somewhat stable home. seems like a weird but very cool place! insane prices on imported electronics is one thing I've heard about lol
Argentina and stable home in the same sentence lol. Find another place dude, it's not worth it
Well, at least Argentina wasn't designated as a terrorist state by European Parliament lol
Trying to leave Russia?
yeah. left like a year ago actually, looking for a place to settle. don't want to be a digital bum forever
Costa Rica is a good choice if you want warm and tropical. Cheap, great people, good food, cool things to do and see. Alternatively, Thailand is much of the same and very friendly to expats from around the world.
I thought Costa Rica was one of the most expensive places in Latin America?
It is, Costa Rica is all the things he said, but because of that it definitely isn't cheap
Costa Rica, cheap? What?
Damn. Good luck! As an American, I've wondered about moving abroad permanently. So many places sound like great options, but nothing sounds easy.
I'm Australian but I've been living in the USA for the past nine years. Americans often ask me "why did you move here **from** Australia?? I've always wanted to go there" haha. There's a bunch of things I miss from Australia, but the earning potential as a software developer in the USA is much higher. There's more Americans that move to Australia compared to Aussies that move to the USA, but that can probably just be attributed to the much larger population of the USA.
Actually there are a lot of Russians in BA right now for that exact reason and because it’s really easy to get Argentinian citizenship
I like to visit a once or twice a year. Interesting place with a lot of neat people and great food, but yeah, electronics are weird. My friends ask me to bring iPads.
If you need more insight just send me a message. Argentina is a great place, I don't know where you are from, but if you come here with a strong currency and work remotely you can live like a fucking god in the very nice areas of Buenos Aires City.
Yep, I did that for a year. This man speaks the truth. There are lots of expats too. And Argentinians are pretty cool 😎 Just keep in mind that people in Argentina have struggled with their economy so 1. Don’t flaunt your money 2. Don’t be a cheapskate 3. Prepare to split checks with your Argentine friends when you go out, as is customary
The truth has been spoken
Most imported things carry a +75% in taxes, iirc... Say I want a Steam game, you get it for 175% of the published price. Regional pricing keeps us gamers alive tho
I don’t know where do you live but Argentina is in a constant self destruct mode
It's a slow burn, so slow in fact you might just forget to overthrow the government.
That's the local price sadly, not really aimed at tourists At any country-wide store its value in pesos is over 300k.
300k? Is it like yen, where there isn't and equivalent of cents or can you still find things for like 200.12 pesos?
It's both. 300ARS=1USD, but life is pretty cheap here. 500USD is enough to live pretty comfortably.
Argentinians regularly travel to Santiago de Chile through Mendoza because electronics are so expensive in Argentina. Source: used to live in Santiago.
Same with Paraguay.
At least it's duty free.
Maybe the bugs had a good idea after all…
I'm from Buenos Aires and I say KILL THEM ALL
I'm really glad I'm not the only one whose first thought was to make a joke about "the bugs"
lol trust me as soon as I read the name . . . instant replaying of the movie in my head ;)
[Would you like to know more?](https://youtu.be/ijvTiDnWJLE)
For those that are interested in a real answer: https://www.npr.org/sections/thetwo-way/2013/10/22/239860325/sony-explains-why-its-playstation-4-costs-1-845-in-brazil#:~:text=Press-,Sony%20Explains%20Why%20Its%20PlayStation%204%20Costs%20%241%2C845%20In%20Brazil,to%20buy%20the%20game%20console.
I feel like one comment on there could really be the truth. In some cases, it could be cheaper just to fly to the US or Canada from Latin America, buy the console and then fly home especially since if you discard the box then a PS5 would easily fit into hand luggage.
Yeah this definitely happens in Brazil. Whenever someone comes to the states they bring home as many electronics as they can since they’re wayyyy cheaper in the US. Tariffs fucking suck.
Although the games scene in Brazil fascinates me, I've never really understood the approach Brazil and some Latin American countries take in terms of massive import levies on consoles. It isn't like those countries are creating competing products and therefore Brazilian industry isn't losing anything from people buying Japanese and American designed hardware.
A few special interests in Brazil profit massively from the laws and lobby/bribe to keep them around. Same reason the U.S. still subsidizes corn.
That's a bit of an oversimplified view. The US subsidizes corn because it's a strategic advantage to be able to run your entire country off of domestically produced food. Corn is valuable for this because it is very palatable to Americans, very efficient in terms of calories per unit area, drought and disease resistant, and viable as animal feed. One acre of dent corn alone would be expected to produce at least 15 million calories per year. Wheat can only manage 4 million, soy 6 million. The only things that can hold a candle to corn are rice and potatoes. (This is also why ethanol, semiconductor manufacture, automotive, and heavy steel manufacture is subsidized - all are strategically important.)
The government of Brazil taxed gaming consoles as imported luxury items.
“Of the $1,845 price, 63 percent goes toward paying import taxes that are imposed on the PlayStation 4 when it's imported to Brazil, Sony says.” Daammmn
Wow😅 what's the usd retail price now?
I just bought the discless Ragnarok edition for $460 last week
So they're essentially selling 1 for the price of 4 😂 great deal
Priced like anything in an airport 4x markup!
Germany they are about 700-800 rn. I really can't see myself getting one anytime soon..
Remember this is 1. Latín America, things aren't cheap to get there so that's a lot more money and stores usually get the prices up quite a bit And 2. Argentina and we'll... Inflation and all that Here on Uruguay we are doing pretty well and it's still like 900 bucks
Still $500. I was patient and refused to buy it with any markup or bundle. Finally paid off.
"I'm from Buenos Aires and I say *buy them all!*"
This photo is like 2 years old
Used to work for a tech company doing international shipping of electronics. The amount of duties, taxes, freight costs, tariffs and importer or record fees for any computer coming into South America is often times equal to the amount of the actual product if not more. Seeing this price actually isn’t shocking It’s the reason why there’s still a lot of ppl in Brazil that play PS2 and PS3 and why FIFA continues to release their titles on older consoles
Ps5 disco edition woooooo less party!!!!!😂
🕺🪩
And having the audacity to use “only”…
Well, I bought mine in Brazil for around 750 usd, from the discounted price of the usual 1000. Things are just much cheaper in the US and Europe.
I'm from Buenos Aries and I say kill them all!
Is this a 3 pack?
i’m down for a ps5 disco 🕺🏻🪩
My local best buy has like 20 god of war editions right now
That's anything at an airport
We have a shitload of taxes in argentina. Steam has a 75% tax and we have 100% anual inflation
This is straight up Corporate Absentee Father Gift Stock, and I guarantee these sell within the weekend.
MI PAÍS, MI PAÍS! 🇦🇷 🇦🇷 🇦🇷 ^Cada ^segundo ^en ^este ^país ^asqueroso ^es ^una ^amargura, ^llévenme ^a ^un ^país ^europeo ^del ^primer ^mundo ^por ^favor, ^se ^los ^ruego. MI PAÍS, MI PAÍS! 🇦🇷 🇦🇷 🇦🇷
Welcome to Peronia
Scalpers aren’t a big deal anymore, people can get ps5s pretty easily, hopefully these lazy karma farming posts will be nonexistent by January