​Historically, migration has served as a key factor determining countries' development strategies and monetary and financial policies. This article traces the developmental impact of remittances and the social capital migrants take back to their home communities in urban spaces. Based on the assumption that migration is marked by developmental and urban dynamics in which migrants serve as agents of development in their local communities, the study identifies the main sectors and areas that absorb migrants' financial returns, as well as specific social criteria and contexts which have impacted the developmental effectiveness of migrants' investment behaviour.