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The present work is an investigation about immigration policies and on how the South American regional integration has been a place for a regional migration policy, especially within MERCOSUR and its associated states. This article is divided into two parts, the first one is theoretical and it aims to define what a regional migration policy is and who immigrants are. In the second part, all regional agreements on immigration will be analyzed and compared with regional migration figures in order to identify whether they are able to facilitate migration between the member states of MERCOSUR (Argentina, Brazil, Paraguay, Uruguay and Venezuela) and its associate states (Bolivia, Chile, Colombia, Ecuador and Peru), or to improve the flow of people across borders. Finally, regional advances as well as continuing difficulties will be pointed out with regard to regional integration.