Unlocked iPhone at mobistar in Hasselt, Belgium. 8GB model for 525€. you can get the VAT (21%) refunded now cost is 415€ at 1.32 exchange rate that is 550$. That is about exactly what you would pay for a new phone in the US. 200$ for the phone plus an extra 15$ a month for 24 months is (200$ + 360$ = 560$). So the VAT refund is critical.