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KiwiSaver First Home Withdrawal

Saving a healthy deposit is an unattainable dream for many Kiwis, but fortunately there is assistance.

After three years of contributing to your KiwiSaver fund, you may be entitled to withdraw an amount to contribute towards your first home.

If you meet the criteria, you can withdraw all but $1000 from your account to put towards a deposit or part of the settlement amount.

There are conditions which include:

  • The house must be intended to live in and not a rental property.
  • The house must be in New Zealand.
  • You must not have made a withdrawal from your KiwiSaver for this purpose before.

Saving a healthy deposit is an unattainable dream for many Kiwis, but fortunately, there is assistance.

After three years of contributing to your KiwiSaver fund, you may be entitled to withdraw an amount to contribute towards your first home.

If you meet the criteria, you can withdraw all but $1000 from your account to put towards a deposit or part of the settlement amount.

There are conditions which include:

  • The house must be intended to live in and not a rental property.
  • The house must be in New Zealand.
  • You must not have made a withdrawal from your KiwiSaver for this purpose before.

KiwiSaver HomeStart Grant


If you qualify for a KiwiSaver HomeStart grant, you can even get access of up to $5,000 for the purchase of an existing home or up to $10,000 for the purchase of a brand-new home, or the land on which a new house will be built.

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If you are not currently on a KiwiSaver scheme, you are missing out on the great benefits. Read more about choosing the right KiwiSaver fund here.

KiwiSaver HomeStart Grant


If you qualify for a KiwiSaver HomeStart grant, you can even get access of up to $5,000 for the purchase of an existing home or up to $10,000 for the purchase of a brand-new home, or the land on which a new house will be built.

If you are not currently on a KiwiSaver scheme, you are missing out on the great benefits. Read more about choosing the right KiwiSaver fund here.

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IF YOU WOULD LIKE TO MAKE THE PROCESS STRESS FREE WITH MAXIMUM RETURN

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