Adoption Fees And Expenses
Links and Overview
The Costs Of International Adoption
International adoption can be expensive, but assistance is available. There are many organizations and foundations that provide grants and loans to to help families adopting. There are many options available for financial assistance. For a list of organizations that provide assistance for international adoption, click here. In addition, the adoption tax credit is a big benefit and is available to most families. This can be a savings of over $13,570
When comparing cost, New Beginnings has one of the least expensive Thai and China programs and our fees are very competitive for the Korea Program. For families that are looking for Primary Provider Services, agencies present and package their fee in different ways. Comparing expenses between agencies can be complicated.
New Beginnings fees are presented in a straight forward, simple fashion. We include fees for the home study, post-adoption, the agency and the foreign organization. Also include are incidental fee that are paid to third parties in the adoption process. A grand total is provided that may look higher but rarely is. We feel that our families should know what to budget and not be lost in a complicated disclosure guessing what fees apply to them. If you want more information on a particular program, contact New Beginnings and ask for a Sample Contract.
Budgeting For International Adoption
When you’ve made the decision to adopt, it makes sense to put together a financial plan before you begin the process. Adoptions come with the standard agency, legal and home study fees, but for international adoptions, there are additional travel, visa expenses and a fee to the foreign agency to consider.
Here are a few tips on how to plan and prepare for these expenses