Talk to your KiwiSaver provider and Kāinga Ora - Homes and Communities about buying your first home.
You must be in KiwiSaver for at least 3 years before you withdraw funds for your first home.
You can withdraw:
- your contributions
- your employer’s contributions
- the government contribution
- interest you have earned
- fee subsidies (if you got these).
You must leave $1,000 in your account. Funds transferred from an Australian Complying Superannuation scheme cannot be withdrawn.
KiwiSaver HomeStart grant
Depending on whether you're buying an existing home or a new build - you can get up to $10,000 towards buying your first home using the KiwiSaver HomeStart grant.
HomeStart helps people buy their first home, but if you’ve owned a home before you might still qualify.
Kāinga Ora - Homes and Communities administers this grant.