Modern scientists consider migration to be a tool that makes it possible to redistribute human capital, which is currently the most important resource. At that, of special interest are the peripheral regions of the country, including those with the cross-border status, where the influence of migration processes on the structure of population is most noticeable. The Pskov Oblast is currently the leader in Russia in terms of depopulation. Natural decline in the region’s population is only partially compensated by migration. In this regard, the role of migration in the solution of demographic issues of regional development is becoming more and more important. The article presents the analysis of migration processes in the Pskov Oblast in the post-Soviet period; the analysis is based on the processing of statistical data. The author attempts to explain the main trends in migration processes in the framework of the Pskov Oblast for the last 20 years. Informational base of the research is formed by the materials of Pskovstat. The research findings can be used in the drafting and adjustment of a concept for demographic development of the region