Can I Really Use My KiwiSaver for My First Home? Here’s the One-Sentence Answer.

Yes — if you meet the eligibility requirements, you may be able to withdraw your KiwiSaver savings to help purchase your first home in New Zealand.

For many first home buyers, KiwiSaver can be an important part of their journey towards owning a home. However, there are specific criteria you need to meet before making a withdrawal.

Generally, you may need to:

• Be eligible as a first home buyer (or meet certain criteria if you have owned property before)

• Have been a KiwiSaver member for the required period

• Leave a minimum amount in your KiwiSaver account

• Intend to live in the property you are purchasing

The process can take time, so it’s important to understand the requirements early and plan ahead.

What should you do next?

Before making any decisions, speak with your KiwiSaver provider and trusted advisers who can help you understand your options.

Buying your first home involves many steps — and knowing what support is available can make the journey feel much more achievable.