diff --git a/MIGRATION.md b/MIGRATION.md
new file mode 100644
index 000000000..bda8fdf76
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+++ b/MIGRATION.md
@@ -0,0 +1,41 @@
+# Migration from Parse ObjC SDK <!-- omit in toc -->
+
+This document describes how to migrate from the [Parse ObjC SDK](https://github.com/parse-community/Parse-SDK-iOS-OSX) to the Parse Swift SDK.
+
+ℹ️ *This document is a work-in-progress. If you find information missing, please submit a pull request to help us updating this document for the benefit of others.*
+
+- [Status of the SDKs](#status-of-the-sdks)
+- [Migration Instructions](#migration-instructions)
+- [Behavioral Differences](#behavioral-differences)
+- [Known Issues](#known-issues)
+- [Feature Comparison](#feature-comparison)
+
+# Status of the SDKs
+
+The Parse ObjC SDK will be phased out in the future in favor of the more modern Parse Swift SDK. While both SDKs overlap in the ecosystems they serve, they are built conceptually different, which can make migration more challenging. Your milage may vary depending on your use case, we therefore encourage you to migrate as soon as possible.
+
+# Migration Instructions
+
+1. x
+2. x
+3. x
+
+# Behavioral Differences
+
+- x
+- x
+- x
+
+# Known Issues
+
+The issues below are important to consider before migrating.
+
+- ⚠️ Partially updating an object sends the full object to the server; this can have a significant impact on data transfer costs depending on your use case and architecture. All other Parse SDKs including the Parse ObjC SDK only send the changed properties to the server. For details see [GitHub issue #242](https://github.com/parse-community/Parse-Swift/issues/242).
+
+# Feature Comparison
+
+This table only lists features that are known to be available in the Parse ObjC SDK but still missing in the Swift SDK. *This table is a work-in-progress.*
+
+| Feature | Parse ObjC SDK | Parse Swift SDK |
+|---------|----------------|-----------------|
+| -       | -              | -               |
diff --git a/README.md b/README.md
index 2d0b4a765..4b1cedb94 100644
--- a/README.md
+++ b/README.md
@@ -40,6 +40,7 @@ To learn how to use or experiment with ParseSwift, you can run and edit the [Par
     - [SwiftUI View Models Using Combine](#swiftui-view-models-using-combine)
     - [Traditional Callbacks](#traditional-callbacks)
   - [Advanced Usage](#advanced-usage)
+- [Migration from Parse ObjC SDK](#migration-from-parse-objc-sdk)
 
 ## Installation
 
@@ -241,3 +242,7 @@ You are not limited to a single Live Query Client - you can create multiple inst
 [docs]: https://docs.parseplatform.org
 [license-link]: LICENSE
 [open-collective-link]: https://opencollective.com/parse-server
+
+## Migration from Parse ObjC SDK
+
+See the [Migration Guide](MIGRATION.md) to help you migrate from the Parse ObjC SDK.
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