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Buying a book with geo-restrictions isn't illegal. The geo-restriction doesn't come about by law (like copyright); it comes about as the result of a contract between the author and a seller (publisher, retailer, etc.) in which the author geographically limits the seller's right to sell to a certain market. Consumers aren't a party to the contract and so aren't bound to it.
I don't think that there is a moral problem in avoiding georestrictions, either. Although the author and various publishers and retailers have divided the world up into various exclusive territories, I'm not sure why consumers should be morally bound by these arrangements. The author is getting compensated either way.
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