An expat in a good social, romantic and/or financial situation that the speaker believes he would not be have been able to achieve back home. Pejorative; implies that the subject became an expat because he "couldn't hack it" among his countrymen.
Often abbreviated to "LBH", but that page has
a kajillion definitions saying it stands for "let's be honest".
Related terms:
Sexpat,
laowai.
Tim's been making
good money working in China, and he has a beautiful girlfriend, but his fellow Americans can tell he's a loser
back home.
