First home buyers

There’s more to KiwiSaver than saving for retirement. It could help you get into your first home.

First home buyers

There’s more to KiwiSaver than saving for retirement. It could help you get into your first home.


Saving a deposit for your first home can be a real struggle. The good news is you may be eligible to withdraw some of your KiwiSaver funds to put towards your first home.

For more information, check out the video below.

To be eligible to withdraw from your KiwiSaver account to purchase your first home, you must:

  • Have invested in KiwiSaver for at least three years
  • Be a first-home buyer or landowner
  • Purchasing within New Zealand
  • Live at the property (as opposed to renting it out)
  • Not have withdrawn from your KiwiSaver before

When working out how much you can withdraw, you will need to:

  • Ensure you leave at least $1,000 in your KiwiSaver account
  • Contact your KiwiSaver provider to find out if you are eligible
  • Understand you cannot withdraw any amount transferred to KiwiSaver from an Australian superannuation fund.

Get in touch with your KiwiSaver provider or financial advisor to obtain a first home withdrawal application form.

You’ll need to return your completed forms, along with all supporting documents, at least 10 working days before you need the money.

  • Free KiwiSaver advice – receive free personalised financial advice about KiwiSaver and real-time customer service to help you reach your retirement goals.
  • Ethical investing – choose from a range of certified socially responsible investment funds, so you can align your investments with your personal values.
  • Free Accidental Death cover – receive free Accidental Death cover up to $100,000.*
  • Help with planning and budgeting – access an extensive range of online planning and budgeting tools, to help you keep on track.
  • Choice of funds – choose from a comprehensive range of KiwiSaver funds.
  • Investing back into New Zealand – invest back into New Zealand through Booster’s specialist funds; Tahi, the Private Land & Property Fund and the Booster Innovation Fund.
  • Government-appointed default KiwiSaver provider – Booster was appointed in 2014 and is now one of only six government-appointed default KiwiSaver providers.
  • NZ-owned and operated – Booster has been helping Kiwis to build a better future for more than 20 years.

*Terms and conditions apply. To find out more visit

For more information on KiwiSaver, or to join or switch to Booster, simply choose from any of the options below. We’re here to help.

Booster Investment Management Limited is the issuer and manager of the Booster KiwiSaver Scheme. Important information is available on their website