Is International Adoption Expensive?

Is International Adoption Expensive?

Adopting a child internationally is a dream many families hold close to their hearts. The thought of providing a forever home to a child in need can be incredibly fulfilling. However, the costs associated with international adoption often come as a shock to many prospective parents. If you’re considering this life-changing decision, it’s crucial to understand the various expenses involved and how to manage them effectively.

Adoption Expenses

Registration and Application Fees: You will need to complete several registration and application processes. These include applying for your adoption program and sending applications to U.S. Citizenship and Immigration Services (USCIS). One application will make you eligible for adoption, and another will enable the child to immigrate to the United States. These forms are essential, as they ensure your adoption is approved by the U.S. government.

Adoption Program Fees: Adoption program fees cover a wide range of services provided by your Agency. Services such as, assistance with compiling your dossier, communication with international adoption authorities, counseling, education, and support, facilitation of a match among others.

Home Study and Training: International adoptions require a home study, which must be completed by a Hague-accredited provider. Most international adoption programs also mandate a certain number of hours of adoptive family training.

Documentation and Authentication: Throughout your adoption process, you’ll need to compile a dossier, a collection of documents that prove your eligibility as an adoptive parent. Requesting originals or copies of these documents often incurs processing or delivery fees. Many of the documents in your dossier must be authenticated before they can be reviewed in another country. In cases where documents need to be translated into another language, translation services can be an additional expense. Towards the end, you’ll need to apply for your child’s visa.

Travel Costs: The length of your trip, travel distance, and cost of living in the foreign country will all impact your travel expenses.

Legal Fees: Completing the formal adoption process involves various legal requirements,from notarizations to court fees. Additionally, pursuing re-adoption upon returning to the United States is advisable for added legal security.

Other Fees: During your adoption journey, you may encounter several additional fees.

Financing Your International Adoption

Adoption Grants

Several third-party grant agencies can help you overcome the financial barrier of international adoption. Some reputable grant organizations include:

  • Gift of Adoption Fund
  • Show Hope
  • Brittany’s Hope
  • Lifesong for Orphans

These organizations have assisted many families in achieving their adoption dreams. Be sure to check if you qualify for any of these grants.

Adoption Tax Credit

The U.S. government offers an Adoption Tax Credit, which can provide over $14,000 on your adoption expenses. This credit can significantly offset the financial burden, making adoption more accessible for many families. Visit the IRS website to learn more about qualifications and maximum amounts for the most recent tax year.

Adoption Loans

Adoption loans are another viable option for financing your adoption. Institutions like America’s Christian Credit Union and local banks offer loans specifically for adoption-related expenses. These loans can provide the necessary funds upfront, allowing you to focus on the adoption process rather than financial stress.

Fundraising Ideas and More

Fundraising can be a practical and community-building way to finance your adoption. Our Adoption Education Partner, Creating a Family, offers fantastic ideas on how you can raise funds to cover all or part of your adoption expenses. Their site includes additional information on adoption grants and loans.