3 ms·
> they also traditionally cater to "expats", which is a fancy British word for high income white collar professionals/digital nomads who either travel frequentl
by michaelt 3y ago
> they also traditionally cater to "expats", which is a fancy British word for high income white collar professionals/digital nomads who either travel frequently or have foreign residencies for business.
"Expats" is also used for elderly retirees moving to the Costa Del Sol, so IME it's not a particularly high-income or white-collar term.
Now, if you were talking about "non-doms" that would be a different matter :)
Of course, I agree that a bank accustomed to dealing with expatriates would probably be understanding of someone spending a lot of time in another country.
- shapefrog 3y ago"non-doms" are rich foreigners in England (and the very rare Englishman who hasnt yet had the taxman rule on their attempt to pretend they are no longer English), immigrants are poor/average foreigners in England. Expats are all English when they are outside the UK - be they retired in Spain or living / working in Dubai / Asia / Australia.