Who can not join KiwiSaver?

You cannot join KiwiSaver if you have a temporary, visitor, work or student visa. There are different ways to join KiwiSaver. Depending on your situation you can enrol directly with a scheme provider. If you’re under 18, there are different rules.

Is KiwiSaver for NZ residents only?

Only individuals who are New Zealand citizens or entitled to live in New Zealand indefinitely are eligible to join KiwiSaver. You can’t join KiwiSaver if you have a temporary, visitor, work or student visa. Employers are required to sign up eligible new employees over the age of 18.

Do I need to be a resident for KiwiSaver?

Who can join Kiwisaver? Most New Zealanders can join KiwiSaver even if you are not working. You must be living or normally living in New Zealand and be a New Zealand citizen (or entitled to permanent residence).

Can Kiwis access KiwiSaver?

If you’re permanently leaving New Zealand for anywhere other than Australia, you can apply to withdraw your KiwiSaver savings one year after leaving New Zealand. The amount you get will include any Government kick-start, your contributions, your employer contributions and any investment returns.

Who is eligible to apply for KiwiSaver Australia?

Your employee can join KiwiSaver if they’re living (or normally living) in New Zealand and they’re either: 1 a New Zealand citizen or entitled to be in New Zealand indefinitely 2 an Australian citizen 3 a New Zealand or Australian residence permit holder.

What do you need to know about KiwiSaver?

Once a person becomes a member of a KiwiSaver scheme, the members’ primary relationship is with their scheme provider. KiwiSaver is a voluntary savings scheme to help set you up for your retirement. You can make regular contributions from your pay or directly to your scheme provider.

What are the requirements for a KiwiSaver first home withdrawal?

To qualify for a first home withdrawal you must meet the following criteria: You need to have been in KiwiSaver or a complying superannuation fund for a minimum of three years. You can only make a KiwiSaver first home withdrawal once. If you’ve owned property before, you may qualify for a second chance home buyer withdrawal.

When do you stop making contributions to KiwiSaver?

If you join, turn 18 or reach the age of eligibility to stop contributing part-way through the year, the government contribution is based on how many days in the year you’ve been a member. Your KiwiSaver provider applies for the contribution after 30 June.