I will use my Nomad spending account only for currency exchange and use my card for American websites and travel. Do I need to submit it in my tax form?

You must declare your Nomad account in your Brazilian Income Tax under the tab “Bens e Direitos – Depósito bancário em conta-corrente no exterior”.

In your Nomad app, you will find your income statement under "Profile" > "Documents" > "Income Tax."

Click here for more information on registering your Nomad account for Brazilian Income Tax.