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Choosing the right agency and country to adopt from can make your International Adoption easier and cheaper.
Begin by comparing agencies based on the countries they work with and the fees they charge. Agency fees can vary, but the country fees are generally the same. Compare the individual fees charged for each service. Negotiate with an agency, ask them if they will consider your income and reduce their fee or let you pay their fees over time. This makes the overall cost much more reasonable.
Several countries require both parents to travel when adoption internationally. Others just require one parent to travel, but the stay is lengthy. The key is finding a country that has reasonable and explainable fees and no travel requirements, if you are on a tight budget. If money is not an issue, you will have more flexibility when adopting. Your state may have requirements regarding adoption as well. For example: China might require just one parent to travel but the state you live in insists that both husband and wife travel.
There is a $5000.00 tax credit available for adoption. You might be able to borrow against this money. Ask family or friends if they would consider lending you money now and allow you to pay it back when you receive your tax return. Banks generally will not make a loan with such terms but it does not hurt to ask. Some small businesses will lend you a few thousand dollars towards adoption too. Finally, the National Adoption Foundation has loans and grants available. For more information, call (203) 791-3811.
Take time to compare International Adoption agencies, countries, and fees, this will make the whole process easier.
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