Purchasing your first home
Once you've been a member of KiwiSaver for 3 years you may be able to withdraw some of your KiwiSaver savings to put towards purchasing your first home.
How much you can withdraw
You may be able to withdraw the current value of:
Provided you leave a minimum balance of $1,000 in your account.
Funds transferred from an Australian Complying Superannuation scheme cannot be withdrawn for the purchase of a home.
How to apply for a first home withdrawal
Contact your KiwiSaver provider regarding any entitlement before beginning the purchase process.
|You may be eligible for a KiwiSaver HomeStart grant|
If you've owned a home before
If you've owned a home before, in some circumstances you may still be eligible to withdraw your savings to purchase your new home.
Housing New Zealand will need to determine that you are in the same financial position as a first home buyer. Contact them on 0508 935 266.