The Galaxy Fold has been on the market for long enough to think that availability won’t expand into any new regions, but that’s not true. Brazil is the latest country to join the foldable smartphone/tablet craze. Samsung has officially confirmed that the Galaxy Fold will go on sale in Brazil on January 22, and prospective buyers can pre-register for the device beginning today, January 17.

Fans of the brand will be able to test the Galaxy Fold first-hand at Samsung’s physical stores beginning today. Once the device goes on sale on January 22, it will be available exclusively in Cosmos Black.

Galaxy Fold is roughly 50% more expensive in Brazil

The Galaxy Fold will be available for purchase online for the whopping price of R$ 12,999, or roughly $3,107. That’s nearly a $1,000 premium over the Galaxy Fold’s launch price in most other markets. It’s nearly a 50% price hike for a device that already carries a luxurious price tag.

Unsurprisingly, specifications remain the same as before. The Galaxy Fold in Brazil has a 7.3-inch foldable Dynamic AMOLED display with a resolution of 2,152 by 1,536, and a 4.6-inch cover display with a pixel count of 1,280 by 720.

The device has a total of six cameras, a Snapdragon 855 chipset, 12GB of RAM and 512GB of storage, and has a combined battery capacity of 4,380mAh. The smartphone runs Android 9 out of the box and there hasn’t been any new information regarding Samsung’s progress towards updating the foldable to Android 10.

Samsung’s scarcity strategy seems to have worked out so far, and the Galaxy Fold has been selling out in numerous markets ever since it was released. The company recently revealed that it has sold anywhere between 500,000 and 600,000 Galaxy Fold units globally in 2019. Perhaps Brazil will be no different and the supplies will deplete in record time despite the higher price.

Then again, the Galaxy S20 and the Galaxy Z Flip are just around the corner, and some prospective buyers might want to wait and see what these highly anticipated devices are all about before deciding to fork over $3,100 for the OG Galaxy Fold.