Korean Adoption Fees And Expenses

Fees, Descriptions and Overview

Korean Adoption Fee List

  Agency Fees

Application Fee$350

New Beginnings Fee

$1,500 due at contract; $3,000 at submission of Emigration Permission
$4,500

IAAME Fee

Due at contract
$500
 
Total Agency Fees: $5,350
 

Korean Program Fee

Program Coordination

$2,500 due at home study approval; $1,500 due at acceptance of referral; and $2,500 due at submission of EP
$6,500

Foreign Agency Fee and Donation

Due at acceptance
$19,500
 
Total Program Fees: $26,000
 

Third Party Fees and Expenses

USCIS Expenses$945
Psychological Evaluation$700 to $1,000
Parent Education Workshops$150
Travel and Overseas Expenses$6,000 to $9,000
 
Total: $7,795 to $11,095
 

New Beginnings’ Social Services

Home Study

Due at contract
$1,700

Post-Adoption Services

Due at submission of EP
$1,700
 
Total: $3,400
 

Korean Adoption Fees and Expenses Summary

Agency Fees$5,350
Korean Program Fees$26,000
Total Adoption Fees$31,350
Third Party and Other Expenses$7,795 to $11,095
New Beginning’s Home Study Services$3,400
Final Adoption Cost$42,545 to $45,845

 


 

Korean Adoption Fee Descriptions

Application Fee
Assessment of prospective adoptive parent(s) and assuring basic program requirements.
New Beginnings’ Fee
Adoption expenses in U.S. to establish a service plan and ensure all adoption services are provided and consistent with applicable laws and regulations. Agency fees are for personnel cost, staff training and development, administrative overhead, and operational expenses. Also, for coordinating the adoption process, including conducting or supervising home study services, parent education includes child-specific education, assisting in filing U.S. Citizenship and Immigration Services (CIS) applications, pre-and post-adoption support.
Program Coordination
Foreign country program expenses for program development; monitor and oversight, training, including working with ESWS to identify a child and arranging for an adoption; receiving a referral of a child that includes the Child’s Background Study; securing the child’s legal information to present to USCIS; establishing the itineraries while the family is abroad for the adoption hearing, the placement of the child and the child’s travel visa, (5,500); Documents and Translations, compiling and presenting the dossier to ESWS to be filing in Korea for court approval and emigration permission. (1,000).
IAAME
Pass through to Intercountry Adoption Accreditation and Maintenance Entity, Inc. for monitoring and oversight of adoption service providers. The price is 500 per child to be adopted.
Foreign Agency Fee and Donation
Pass through to ESWS: Childcare before the adoption, (10,400); Foreign Country Program such as identifying a child available for adoption, securing the necessary terminate parental rights, providing the background study on the child, arranging for the finalization of the adoption and the immigration of the child, (7,900); and Documents and Translation, (1,200)

The Costs of International Adoption

IInternational adoption can be expensive, but assistance is available. There are organizations and foundations that provide grants and loans 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 $13,750

Comparing expenses between agencies can be complicated. When comparing cost, New Beginnings has one of the least expensive Morocco, Thai and China programs and our fees are very competitive for the Korea Program.

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. To see a Sample Adoption Servcie Agreement, click here. If you want more information on a particular program, contact New Beginnings and ask for the Adoption Service Agreement for your porgram.

Need Financial Assistance?

If you have chosen to pursue international adoption, you should know that there may be financial assistance available to help with the adoption expenses. Check out our financial assistance page which lists several options for families hoping to find help in meeting their adoption costs.

 

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

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