First of all it will be NTSC and not PAL so unless your TV (and Video) support this, you may have problems playing back your videos
Then you have customs.
You should really declare this if you are bringing it in yourself and they will then charge you VAT (17.5% on it).
If you get it by mail, customs will charge you VAT, plus a surcharge (about 2 or 3%) and then there will be a handling charge on top by the post office
Of course you could try and get it past customs in any number of ways but if you get caught, you WILL loose the camera and could be facing serious charges.