Thank you for sharing the information you've got. I've used chatgpt last night and I've mentioned the Kiwisaver provider I am with. 😁 It said that I don't need to file form 3520/3520A for individual contributions since Kiwisaver accounts are not classified as foreign trusts for individual contributors.
If you are an individual contributing to your on Kiwisaver account, primary reporting will be Form 8938 (if you exceed the threshold) and FBA (if you exceed the threshold of $10k usd)
But what is confusing is that Kiwisaver has 3 parts, individual contribution, employer's contribution and government. What should be declared on those forms? The total amount of those 3?
And I read something online that if individual contribution is higher than the employer's contribution it is considered as non-guarantor trust and be required to file 3520A and Form8938 (if exceeds 100k threshold)