All Topics / General Property / FIRST HOME OWNERS GRANT IN NZ?

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  • Profile photo of 50mill50mill
    Participant
    @50mill
    Join Date: 2003
    Post Count: 91

    Does NZ have a similar scheme to the first home owner loan/grant we have here in Aust?

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    No that i am aware of.

    With no stamp duty or CGT i think you have enough Govt driven incentives.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    mattnz
    Participant
    @mattnz
    Join Date: 2007
    Post Count: 574

    There is, its called kiwisaver.You have to have lived and worked in NZ for at a minimum 3 years ($6k per couple) or 5 years ($10k per couple) to receive it.

    The system also allows you to access your kiwisaver superannuation contributions to help pay for the house.

    http://www.kiwisaver.govt.nz/new/benefits/home-sub/

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