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Posts Tagged ‘import tax’

On the price of consumer electronics in Cyprus.

May 13th, 2011 1 comment

An interesting article has just popped up in the Cyprus Mail regarding Sky-high prices across Europe, mainly when it comes to the importation of consumer electronics. It is funny how this would appear now, as I have only just had to buy myself a NAS (Network Attached Storage) device which costs roughly half of what I paid in the USA.

The article introduces a new initiative of a team of enterprising expats in Limassol who have set up a site with samples of the differences in cost to purchase the same item across the EU. Below is a screenshot of a sample price comparison.

eurodonkey.eu

Cyprus as you can see is paying a hefty overhead. Both articles are worth a read if you buy stuff online.

As for my recent experience, Cyprus has a single “distributor” of the product I bought. As is often the case, they did not bother to respond to my queries as to how I can buy their products in Cyprus. Knowing that it would still be cheaper to bring it from another country, I went ahead and bought it. Hey, if they don’t need my business… I’ll just take it elsewhere.

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