No, you can only use your KiwiSaver investment once for a KiwiSaver First Home Withdrawal. To reiterate, if you withdraw your KiwiSaver money once for your first-home deposit, then you cannot, under any circumstance, withdraw it again to buy another house. You can however use your KiwiSaver balance for your first home withdrawal, then withdraw it again if you permanently move overseas or reach the retirement age of 65. It is important to note that when you reach 65 years of age, you do not need to withdraw your KiwiSaver investment all at once. At this point your KiwiSaver investment becomes ‘liquid’, and you can use it more like a bank account, withdrawing and depositing funds at your own discretion.
