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In social situations even if punctuality is valued, extreme punctuality is not expected. It’s not considered rude to be late, especially if “late” is not longer that 30 -45 minutes, however “good” excuses are appreciated.
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When doing business and in general in a working environment, people tend to be more punctual, or let’s say it this way: “people feel worse or stress out more” when arriving late. The normal time span you can affords someone is around 15 minutes compared to the 45 minutes for social situations.
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It's a good idea to call before if you know you will be late, especially if the person you will meet is very important to you (e.g. a client, someone that will interview you for a job, etc.). On the other hand when the person you will meet is lower ranking , it’s normal not to feel bad making them wait for you.
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