Why are .ye domains so expensive?

[Magnemite]

Like srsly, they are 500$/year..

 

[Charlie]

jesus christ, thats like buying a new computer every year except this is a bloody domain

 

[_Ug]

Not sure why it's so expensive, but I do find that Gandi.net sells them for $260 and renews at the same cost.

It is strange to me that a place like Yemen could have a more valuable TLD than a place like the United States (.us going for as cheap as $1.00 for first year) with (I'd assume) far less demand.

 

[Ivain]

Since its specific for a country, it might be that there's some sort of weirdly high tax on internet-related things.

 

[Overlord]

There are more expensive TLDs

 

[TellingMom]

Because it's the country TLD for Yemen, and they set the prices. Each .** is set by their respective country. Some countries choose to not even sell domains.