Kiwisaver on a 3 year work visa?
#1
Forum Regular
Thread Starter
Joined: Oct 2012
Location: Wales
Posts: 156
Kiwisaver on a 3 year work visa?
I've had some great news this week that I have a job! Skype interviews are great fun.
I've had all the paperwork through and there is lots of info about the kiwisaver. Looking in the website, it looks as though I wouldn't be eligible for this on a work visa. Is that right?
If so, will I need to complete the opt out form, or will I not be automatically enrolled due to visa status?
If I complete the opt out form, will I then be able to start it up if and when we get residency? And will I still get the $1000 goverent start up contribution?
Thank you.
I've had all the paperwork through and there is lots of info about the kiwisaver. Looking in the website, it looks as though I wouldn't be eligible for this on a work visa. Is that right?
If so, will I need to complete the opt out form, or will I not be automatically enrolled due to visa status?
If I complete the opt out form, will I then be able to start it up if and when we get residency? And will I still get the $1000 goverent start up contribution?
Thank you.
#2
Nz
Joined: Mar 2012
Location: Canterbury
Posts: 368
Re: Kiwisaver on a 3 year work visa?
My husband can't enrol on kiwi saver as he isn't a resident. He didn't complete opt out form.
#3
Forum Regular
Joined: Jul 2014
Posts: 264
Re: Kiwisaver on a 3 year work visa?
If you get offered the forms, sign up. You'll go on the scheme anyway but get it back at worst. If you're going to stay and get residency one day and you get offered the forms (and crucially get accepted) then it's a no brainer, go for it. Worst that can happen is they say no, or you could score a few years advantage. Don't try you don't get...
#4
MODERATOR
Joined: Oct 2011
Location: Wellington - I miss Castles, the NHS & English school system
Posts: 9,077
Re: Kiwisaver on a 3 year work visa?
you need to be on resident status:
You can join KiwiSaver if you're:
a New Zealand citizen, or entitled to live in New Zealand indefinitely, and
living or normally living in New Zealand (with some exceptions), and
below the age of eligibility for NZ Super (currently 65).
You can't join KiwiSaver if you're:
holding a temporary, visitor, work or student permit
living overseas, unless you're a government employee:
serving outside New Zealand, and
employed on New Zealand terms and conditions, and
serving in a jurisdiction where offers of KiwiSaver scheme membership are lawful.
taken from Who can join?
You can join KiwiSaver if you're:
a New Zealand citizen, or entitled to live in New Zealand indefinitely, and
living or normally living in New Zealand (with some exceptions), and
below the age of eligibility for NZ Super (currently 65).
You can't join KiwiSaver if you're:
holding a temporary, visitor, work or student permit
living overseas, unless you're a government employee:
serving outside New Zealand, and
employed on New Zealand terms and conditions, and
serving in a jurisdiction where offers of KiwiSaver scheme membership are lawful.
taken from Who can join?
#5
BE Enthusiast
Joined: Oct 2014
Location: North Canterbury
Posts: 487
Re: Kiwisaver on a 3 year work visa?
I've had some great news this week that I have a job! Skype interviews are great fun.
I've had all the paperwork through and there is lots of info about the kiwisaver. Looking in the website, it looks as though I wouldn't be eligible for this on a work visa. Is that right?
If so, will I need to complete the opt out form, or will I not be automatically enrolled due to visa status?
If I complete the opt out form, will I then be able to start it up if and when we get residency? And will I still get the $1000 goverent start up contribution?
Thank you.
I've had all the paperwork through and there is lots of info about the kiwisaver. Looking in the website, it looks as though I wouldn't be eligible for this on a work visa. Is that right?
If so, will I need to complete the opt out form, or will I not be automatically enrolled due to visa status?
If I complete the opt out form, will I then be able to start it up if and when we get residency? And will I still get the $1000 goverent start up contribution?
Thank you.
So don't worry about not getting the money due to not being eligible at the moment. You will receive it in 3 years time or when you become a resident of NZ.
#6
Forum Regular
Thread Starter
Joined: Oct 2012
Location: Wales
Posts: 156
Re: Kiwisaver on a 3 year work visa?
Ok cheers everyone!
I'll let my employer know not to enrol me
I'll let my employer know not to enrol me