The trend of asking relatives to bring home an iPhone after a foreign trip never goes out of style. For sure, the earth is turning into a global village, and the advancement in technology is now running parallel in all parts of the globe. But, despite all these similarities, the price of technology varies all around the globe. The causes of price change are many. Some of them lie in the form of taxes on consumer products, the local market demand, cost structures, and currency exchange rates. These change with time and situations. It has been recorded that the price of technology is the cheapest in the Middle Asian Countries. At the same time, developing countries with import restrictions and inflammation have the highest prices for these products. Scroll down and see which country can provide you with an iPhone at a lower price.
5 Cities Where Technology Is Cheap
1. The United Arab Emirates
The United Arab Emirates is not just any other gulf country. It is the hub of all sorts of things and people.UAE is the fifth cheapest technology-selling country in the world. The price of smartphones, games, and tablet computers is extremely low in those nations. This country also offers technical equipment at a fairly low price. This place is also one of the favorite tourist destinations of people worldwide.
Also, read: 5 Countries That Have The Best Living Standards
2. Canada
It is another country that is huge and is known for its extremely cold temperature. It is one of the most updated countries in terms of technology. This country in North America is known for the price variation in its smartphones, laptops, and games. The price variation is known to be due to changes in the dollar rate.
3. Malaysia
Did you know Malaysia is popular for cheap technology along with bungee jumping? Malaysia is a Southeast Asian country that covers parts of the Malay Peninsula. Moreover, the prices of technology are fairly low in this country, which inspires travelers to visit the place for a short trip.
4. Saudi Arabia
The country is another gulf country with cheaper electronics. The no individual income tax scheme in Saudi Arabia has led to much profit for the people living there. This scheme saves them from paying extra money for electronics and technology through tax. We wish every country could be VAT free.
5. Kuwait
Kuwait is located in western Asia. The country is the cheapest place in the world to buy technology. An Android Phone in Kuwait costs just $539.18. Middle Eastern countries are the cheapest places for technology. In addition, laptops, smartphones, games, and desktops are some of the cheapest things to buy in Kuwait.
We hope you are now aware of the countries to buy your new technology from. Want to know which countries have the most expensive technology in the world? Well, stay hooked to know that.
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