How much money do I have to make a year to consider adopting a child?

Question

I live in America. I am interested in International and domestic adoptions, but I want to know how much I would have to make a year to be considered for something like this.

Any info would be great!

Thanks!

Answer 1

I don't think there is a limit. I have 2 adopted kids. We don't make a whole lot of money (under $30,000) Its just weather u can afford it or not on your own budget, i don't think most agencies are going to have a income limit, mine didn't anyways. They where great!

Answer 2

you basic needs need to be met,and a good parenting class with full c.p.r. will also be required.

the state will help with the fees the children aquire as the months go on.

you do not need to be rich,but you can not get rich doing this from the heart.

i have 9 adopted.

Answer 3

I think this depends upon how you adopt a child.  For example if you try to import a Chinese girl it would be different than something domestically.  I think the harder part is for a single person to adopt.  Agencies want to see a family structure.

Answer 4

There is no specific income requirement.  But one must be able to meet their expenses monthly, have emergency funds, have medical insurance for themselves and a child, pay bills on time, etc.  I can tell you that in doing hundreds of adoption homestudies for Private and International Adoptions over the years, the average salary range for adoptive parents is $60,000 - $120,000.  Of course, there were some under, and some over this range.  The range of income for parents adopting through publically funded agencies (through the state or county) are less.  Perhaps $40,000 up.  How a person manages the income they have is important.

Answer 5

For the most part, there is no specific amount you need as long as what you do make can properly take care of the child you are hoping to adopt.  

Foster-to-adopt can be alot less expensive then adopting through a private agency.  

International is almost definitely expensive.  Different countries have ever-changing policies and guidelines...  so when you are ready, you need to check out each country's rules.http://www.travel.state.gov/family/adopt...

  

Because I live in the USA, when I adopted from Guatemala in 2005, I had to make 3x over the "poverty level" for the USA.  I can't remember if that was a visa thing or an agency thing.  

http://travel.state.gov/visa/immigrants/...

Answer 6

You can adopt from foster care for free, and their only concern is that you can pay your bills (i.e. they don't care how much you make, as long as you can afford a child).

If you want a newborn, you need to make sure you have enough money to pay the exorbitant fees to the adoption agency, which goes to line the pockets of the executives who procure babies for people who have the money to pay for them.  Same with international adoption.  The more money you have, the better chance that you'll get what you want.  Kind of a sick system, IMO.

Answer 7

For the most part, adoption of any kind requires you to prove that you have enough income to pay your bills and to support a child(ren). Foster care adoption, international and US domestic infant adoptions all require proof of financial stability.  You don't have to be super wealthy.  Your assets need to outweigh your liabilities; your household budget needs to be "in the black".  

There are a few international programs that do have some very specific income requirements.  Many, however, just want the accepted proof of financial stability.  You would need to look at specific programs.