Savings withdrawal to buy your first home

You may be able to withdraw some or all of your KiwiSaver savings (except for the $1,000 kick-start and member tax credit) to put towards buying your first home.

Making a first-home withdrawal

You must have been a KiwiSaver member or member of a complying fund for three or more years. You can only withdraw money to buy your first home - not an investment property.

If you have owned a home before, in some circumstances you may still be eligible to withdraw your savings. Your scheme provider may require you to contact Housing New Zealand to determine if you're in the same financial position as a first home buyer.

How to apply for a first-home withdrawal

You'll need to apply to your KiwiSaver provider if you want to make a first home withdrawal.