This chapter presents a detailed analysis of migrant and migrant household experiences in a rural village of Bangladesh from where rural labourers are migrating, in increasing numbers, to Malaysia. It focuses upon the dynamics of South-South migration and remittance income in both first-cycle and repeat-cycle migrants' households and in the community as a whole. The chapter highlights changing patterns of rural livelihoods and the emergence of the term 'livelihood-induced migration'. It elucidates the dynamics of migration and remittance income at the migrants' household level, and explains how a particular system of limited or bounded bi-cyclical migration and associated patterns of 'migration-induced livelihoods', shaped by remittance incomes have become established in Malaysia Village. The chapter also focused on the impacts of migration and remittance, and the social dimensions of financial remittance on the lives and livelihood strategies of migrants' households and their community in Malaysia Village, a study village in rural Bangladesh.