"That's where I see that being important for me: to come back and to get involved in some level of New Zealand rugby, not at All Black level, but ideally if there was an opportunity at Super Rugby, to spend my time there and reintegrate into New Zealand Rugby and then if you're successful other opportunities might come along in the future."
Watch the full video here.
Gatland's decision adds to the rising number of top coaches who have all but ruled themselves out of contention for the role as Hansen's successor.
Gatland indicated he planned to take some time away from the game before getting involved with a new team after spending more than a decade leading the Welsh side. Schmidt had a similar ideal, and hoped to take at least a year away from coaching.
Since Gatland took the helm with the Welsh squad, they have won 60 matches and lost 47, with two draws. In his first year in charge, Gatland's side won the triple Crown, toppling England, Ireland, Scotland and Wales in the Six Nations.
He said he wasn't overly worried about the fact he didn't have a job lined up for when his time with Wales ended.
"I might be coming back here, just taking some time off, reflecting a little bit and then looking for a job somewhere else.
"I'm a great believer in what will be will be and something will come along I'm pretty sure."