Dude. Hold my beer. In Argentina, pre pandemic there were people that actually went shopping to Miami, because getting anything Apple - be it an iPhone or a laptop - was cheaper that way. The iPhone 12 is not for sale here, but let's use the iPhone 11 as an example. In the only "official" store I could find it [0], the price is 184.299 pesos (yes, 184 thousand). If you check the "official" US dolar rate [1] it is aro…
I have often heard the anecdote of Argentinians flying to North America for shopping. But why is Chile not used for these purposes? Chile doesn’t have the import-substitution policies of Argentina, and in my visits to Chile I didn't feel that the country was not significantly more expensive than the USA.
iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
161–170 of 259 posts
Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
#162Earlier quoted context omitted.
Yep! That's why you might hear of Lakhs or Crores in Indian forex contexts. 1 Lakh: 10,00,000 1 Crore: 10,00,00,000
Is there a reason for that other than just tradition/history? Sometimes when things differ from our norms, there may be a reason or an advantage that we are unaware of. Just curious. Thanks in advance!
Probably not. Just like the Japanese number system (as distinct from counters for objects) where 1000/10000 are special units.
Even in English, the counting was not consistent. Isn't billion supposed to be 1 million million in the UK ?
Lots of the urban population in India is adopting US millions and billions in everyday language too, so I'm sure the global American monoculture will eventually overwhelm the local counters at some point.
Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
#163A lot of people in here are saying - oh I had to do this is Germany or Denmark or USA as well. Which is fair, but what irks me is that in India which has pretty high taxation in all departments (see Petrol/Gasoline) the tax you pay gives you ZERO benefit. No healthcare, education or unemployment benefits etc. Also on top of this, due to the corrupt system, if you need anything from any govt. agency you will need to p…
Are taxes really that high compared to other countries? India has a tax to gdp ratio of 10%, compared to 25% in the US and 40% in the EU. Maybe you are underestimating just how much taxes are required to fund an effective welfare state?
1 Lakh = 100,000 1 USD = 73 Rs.
A mid-level manager / programmer would pay around 20-25% in taxes.
Plus, Current GST (VAT) rate in India is 18% for goods and services like most countries. There are reduced rates 0%, 5% and 12% for some goods and services, and 28% luxury rate for some items.
And finally, other tariffs on things like iPhone, computer parts, cars etc.
Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
#164(btw you can only buy a SIM that's linked to our national identity card, so the sim will just not work. There is a six months grace period for foreign visitors)
This means that device options are very limited and prices are absurd. You can buy a small car for the price of an iPhone, for example. We easily pay atleast 20%-50% premium on the same device from india, despite having similar economics.
Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
#165Earlier quoted context omitted.
What is USAian?
It's a term people use to either be funny, or it's because they're somehow offended that people from USA use the demonym "American" even though there are other countries in the Americas, yet despite the fact that no one else in those countries seems to care because they have their own demonyms they use. The former are just having a laugh, and the latter are looking for things to be offended by. I don't know which cam…
Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
#166Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
#167On a much smaller scale, this is achieved in the US by going to a no sales tax state like Oregon or Delaware. With the sales tax in Los Angeles at 10.25%, I’ve ended up queuing up large purchases together, buying a round trip ticket to Portland ($200-300) and hitting up the Apple Store, Target, Best Buy there. And get a free trip to Portland! I’ve read the Christiana Mall in Delaware is especially popular for people…
Hopefully your local civil services are not terribly affected by your dodging of taxes, in case you or someone you care about ever needs them.
Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
#168Earlier quoted context omitted.
What is USAian?
It's a term people use to either be funny, or it's because they're somehow offended that people from USA use the demonym "American" even though there are other countries in the Americas, yet despite the fact that no one else in those countries seems to care because they have their own demonyms they use. The former are just having a laugh, and the latter are looking for things to be offended by. I don't know which cam…
You are correct. I have only very rarely in my life given fig one about offending strangers.
Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
#169A lot of people in here are saying - oh I had to do this is Germany or Denmark or USA as well. Which is fair, but what irks me is that in India which has pretty high taxation in all departments (see Petrol/Gasoline) the tax you pay gives you ZERO benefit. No healthcare, education or unemployment benefits etc. Also on top of this, due to the corrupt system, if you need anything from any govt. agency you will need to p…
The whole Indian railways network is massively subsidized but it's doubtful anyone on HN would travel by anything other than air conditioned if indeed they travel by train (eg. I've never travelled by train after i began working).
In many states, basic groceries are effectively free. The less well off folks buy from these, the "middle class" shops from private traders. However there's a massive number of the less well off.
Not saying there's no corruption, but the scale of the problem is massive.
Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
#170Earlier quoted context omitted.
Are taxes really that high compared to other countries? India has a tax to gdp ratio of 10%, compared to 25% in the US and 40% in the EU. Maybe you are underestimating just how much taxes are required to fund an effective welfare state?
I'll leave it for you to judge - https://economictimes.indiatimes.com/wealth/tax/latest-incom... 1 Lakh = 100,000 1 USD = 73 Rs. A mid-level manager / programmer would pay around 20-25% in taxes. Plus, Current GST (VAT) rate in India is 18% for goods and services like most countries. There are reduced rates 0%, 5% and 12% for some goods and services, and 28% luxury rate for some items. And finally, other tariffs on t…