Brazilians are opening dollar accounts

More and more Brazilians are opening accounts in dollars, understand why and see how it's done, find out everything here.

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We are living in a special time, there was a period not too long ago when opening an account in the United States required a lot of bureaucracy.

Thus, this was the privilege of a few, with technological and regulatory advances, this opportunity is open to practically all Brazilians.

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Those who invest in this way escape, for example, the volatility of the real, and diversify their investment, ensuring greater security of their assets.

Understand why many Brazilians are opening dollar accounts abroad instead of investing within Brazil.

Who is primarily responsible for this change?

Initially, the interest in opening a dollar account was always present in the lives of investors, the idea of investing abroad was always well regarded.

However, excessive bureaucracy prevented and discouraged many investors from taking the next step. Thus, for many years the intention to invest abroad remained just an intention.

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Until the fintech Nomad arrived to facilitate and made possible what previously remained only an intention. Investing abroad has become something easy and possible for everyone.

Since its launch, which only took place in 2020, more than one million Brazilians have already opened an account in the United States. In the last year alone, fintech has multiplied in size 4 times.

And it seems that its ceiling remains far away, more and more Brazilians are opening a dollar account with Nomad.

What exactly does Nomad enable?

Firstly, The role of fintech Nomad is to bring together several institutions in just one application, allowing you to open your bank account in the United States.

But not only that, you can open an account with a stock brokerage in the United States. And all of this is possible in just a few minutes.

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However, what makes the application incredible is not just that, you can send amounts through PIX. And even have a balance that converts into dollars instantly so you can make purchases in more than 180 countries.

Furthermore, Nomad allows you to invest from US$ 1 in the North American capital market. All this through your application, in a simple, fast and secure way.

According to experts, the success of fintech Nomad is explained by the volatility of the real, due to the destruction of many people's assets.

Having an account in the United States is great for travelers

Nomad is also advantageous for people traveling to the United States, as there is a lower incidence of tax on Financial Operations.

You can easily see this when you compare it to the taxes charged on purchases made with your Brazilian credit card.


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When you make a purchase with your credit card the tax is 5.38%. As for bank deposits, the tax rate is only 0.38% through Nomad.

And if it's a transfer via the app, the fee is only 1.1%, meaning you have many advantages in opening your account via Nomad.

Don't waste any more time, access the website and open your account, see how simple it is to make your money count.

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