Who is eligible

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KiwiBuild homes are for aspiring first home owner-occupiers, or people who are in a similar financial position

Who can apply for KiwiBuild

To make sure KiwiBuild homes go to the people they're intended for, KiwiBuild home owners must:

  • be a first home buyer, or in a similar financial position as a first home buyer (that is, a 'second chancer' (see below)
  • be a New Zealand citizen or a permanent resident, or a resident visa holder who is ‘ordinarily resident in New Zealand'
  • have income of no more than $120,000 for a single purchaser, or no more than $180,000 for more than one purchaser
  • intend to own the home for at least 3 years and live in it as their principal place of residence.

Download the Eligibility Criteria [PDF, 306 KB]

'Second chancers'

Second chancers are defined as people who:

  • Have previously owned a home but who no longer own a home, and
  • are in a similar financial position to a first home buyer

The eligibility test for a second chancer is determined by measuring their realisable assets. The asset cap is consistent with the cap applied to the KiwiSaver HomeStart grant.

A second chancer must not have realisable assets totalling more than:

Region Regional asset cap
Auckland and Queenstown Lakes District $120,000
Hamilton City, Tauranga City, Western Bay of Plenty District, Kapiti Coast District, Porirua City, Upper Hutt City, Hutt City, Wellington City, Tasman District, Nelson City, Waimakariri District, Christchurch City, Selwyn District $100,000
Rest of New Zealand $80,000

Realisable assets are cash savings or belongings that can be sold to help buy a home (this exclude savings that are locked up in KiwiSaver).

Published: Feb 13, 2019