Buying your first home with KiwiSaver

You’ll be eligible for a KiwiSaver first home withdrawal if:

• You've been saving with KiwiSaver (or another complying superannuation fund) for at least three years;
• The property or land is in New Zealand.
• It's the first time you've made a KiwiSaver withdrawal to buy a home;
• You're going to live in the home you're buying or build a home to live in on the land you're buying;
• You're a first-time property or land owner or
• You have previously owned a home before and have qualified as a previous home owner through Kāinga Ora. For more information visit Kāinga Ora's website or call them on 0800 801 601.

You could be eligible for a Kāinga Ora First Home Grant of up to $5,000 to buy an existing home, or up to $10,000 if you are building or purchasing a newly built home. If you're doing this with someone else and they're eligible, you could get up to $20,000 between you (for building or buying a newly built home). Kāinga Ora administer this grant.

You can check with Kāinga Ora to see if you are eligible. Income caps, house price caps and other criteria apply.