You may be able to use the first home withdrawal from KiwiSaver to help you purchase your first home if you meet the following conditions:
- You must have been a member of KiwiSaver for a minimum of three years.
- In most cases, you must have never owned a house or land before.
- The house or land you are purchasing must be in New Zealand and intended to be your principal place of residence – a rental investment property would not qualify.
- You must not have made a withdrawal from a KiwiSaver scheme for the purchase of a home before.