Mexico: iPhone 3G – $75

America Movil will sell the eight-gigabyte 3G iPhone for as little as 773 pesos (US$75) in Mexico for buyers who agree to a two-year, 799-peso (US$77) monthly plan that includes 400 minutes of calls and 200 text messages.

Its 16-gigabyte version, with double the memory, will sell for 1,877 pesos ($US182), according to an announcement by America Movil, Latin America's largest mobile phone service provider, which is owned by Mexican billionaire Carlos Slim.

The price of the phone rises with cheaper monthly plans.

However, in order to sign up for a plan with one of America Movil's partners, you'll need a Mexican address, and other credentials since they're likely to perform a mandatory credit check before handing an iPhone to just anyone.