Remittances have become an important source of private financial resource for developing economies. South Asian countries account for almost half of all out migration. The objective of the paper is to understand the pattern of migration in selected South Asian countries - Nepal, Bangladesh, India, Sri Lanka and Pakistan and to analyze the policy approach of the respective countries on migration. It is primarily done with the review of literature and policy analysis of the respective countries with special reference to migration law and labor laws. A reverse relation between outflow and remittances is noted among the South Asian countries. India being the highest sending countries is the lowest recipient of remittances. With time the approach of laws towards migration has transformed but issues like undercounting, border migration and inefficient financial environment are to be addressed to make the implementation of overstretched policy to be effective. At the multiple levels these issues are to be resolved by recognizing migrants as a contributor in the process of transformation and development.
