Is there a financial requirement to adopt a child?

There is no minimum income requirement to adopt, however adoptive parents are required to assume all financial costs for a child in their care and an assessment of your financial circumstances is part of the homestudy. Questions to ask yourself:  would you be financially able to take parental leave to support a child’s transition into your home?  Have you researched the costs of child-care, and would you be able to afford this if you require child-care? Do you have medical benefits through your employer to support accessing services for a child? If not, can you adjust your family budget to provide for this?