diff --git a/hw/vfio/common.c b/hw/vfio/common.c
index 617e6cd901..0bdbd1586b 100644
--- a/hw/vfio/common.c
+++ b/hw/vfio/common.c
@@ -355,10 +355,18 @@ static bool vfio_devices_all_dirty_tracking(VFIOContainer *container)
                 return false;
             }
 
-            if ((vbasedev->pre_copy_dirty_page_tracking == ON_OFF_AUTO_OFF) &&
+            if (!migration->v2 &&
+                (vbasedev->pre_copy_dirty_page_tracking == ON_OFF_AUTO_OFF) &&
                 (migration->device_state_v1 & VFIO_DEVICE_STATE_V1_RUNNING)) {
                 return false;
             }
+
+            if (migration->v2 &&
+                (vbasedev->pre_copy_dirty_page_tracking == ON_OFF_AUTO_OFF) &&
+                (migration->device_state == VFIO_DEVICE_STATE_RUNNING ||
+                 migration->device_state == VFIO_DEVICE_STATE_RUNNING_P2P)) {
+                return false;
+            }
         }
     }
     return true;
@@ -385,7 +393,14 @@ static bool vfio_devices_all_running_and_mig_active(VFIOContainer *container)
                 return false;
             }
 
-            if (migration->device_state_v1 & VFIO_DEVICE_STATE_V1_RUNNING) {
+            if (!migration->v2 &&
+                migration->device_state_v1 & VFIO_DEVICE_STATE_V1_RUNNING) {
+                continue;
+            }
+
+            if (migration->v2 &&
+                (migration->device_state == VFIO_DEVICE_STATE_RUNNING ||
+                 migration->device_state == VFIO_DEVICE_STATE_RUNNING_P2P)) {
                 continue;
             } else {
                 return false;
diff --git a/hw/vfio/migration.c b/hw/vfio/migration.c
index e784374453..62afc23a8c 100644
--- a/hw/vfio/migration.c
+++ b/hw/vfio/migration.c
@@ -44,8 +44,84 @@
 #define VFIO_MIG_FLAG_DEV_SETUP_STATE   (0xffffffffef100003ULL)
 #define VFIO_MIG_FLAG_DEV_DATA_STATE    (0xffffffffef100004ULL)
 
+#define VFIO_MIG_DATA_BUFFER_SIZE (1024 * 1024)
+
 static int64_t bytes_transferred;
 
+static const char *mig_state_to_str(enum vfio_device_mig_state state)
+{
+    switch (state) {
+    case VFIO_DEVICE_STATE_ERROR:
+        return "ERROR";
+    case VFIO_DEVICE_STATE_STOP:
+        return "STOP";
+    case VFIO_DEVICE_STATE_RUNNING:
+        return "RUNNING";
+    case VFIO_DEVICE_STATE_STOP_COPY:
+        return "STOP_COPY";
+    case VFIO_DEVICE_STATE_RESUMING:
+        return "RESUMING";
+    case VFIO_DEVICE_STATE_RUNNING_P2P:
+        return "RUNNING_P2P";
+    default:
+        return "UNKNOWN STATE";
+    }
+}
+
+static int vfio_migration_set_state(VFIODevice *vbasedev,
+                                    enum vfio_device_mig_state new_state,
+                                    enum vfio_device_mig_state recover_state)
+{
+    VFIOMigration *migration = vbasedev->migration;
+    uint64_t buf[DIV_ROUND_UP(sizeof(struct vfio_device_feature) +
+                              sizeof(struct vfio_device_feature_mig_state),
+                              sizeof(uint64_t))] = {};
+    struct vfio_device_feature *feature = (void *)buf;
+    struct vfio_device_feature_mig_state *mig_state = (void *)feature->data;
+
+    feature->argsz = sizeof(buf);
+    feature->flags =
+        VFIO_DEVICE_FEATURE_SET | VFIO_DEVICE_FEATURE_MIG_DEVICE_STATE;
+    mig_state->device_state = new_state;
+    if (ioctl(vbasedev->fd, VFIO_DEVICE_FEATURE, feature)) {
+        /* Try to set the device in some good state */
+        error_report(
+            "%s: Failed setting device state to %s, err: %s. Setting device in recover state %s",
+                     vbasedev->name, mig_state_to_str(new_state),
+                     strerror(errno), mig_state_to_str(recover_state));
+
+        mig_state->device_state = recover_state;
+        if (ioctl(vbasedev->fd, VFIO_DEVICE_FEATURE, feature)) {
+            hw_error("%s: Failed setting device in recover state, err: %s",
+                     vbasedev->name, strerror(errno));
+        }
+
+        migration->device_state = recover_state;
+
+        return -1;
+    }
+
+    if (mig_state->data_fd != -1) {
+        if (migration->data_fd != -1) {
+            /*
+             * This can happen if the device is asynchronously reset and
+             * terminates a data transfer.
+             */
+            error_report("%s: data_fd out of sync", vbasedev->name);
+            close(mig_state->data_fd);
+
+            return -1;
+        }
+
+        migration->data_fd = mig_state->data_fd;
+    }
+    migration->device_state = new_state;
+
+    trace_vfio_migration_set_state(vbasedev->name, mig_state_to_str(new_state));
+
+    return 0;
+}
+
 static inline int vfio_mig_access(VFIODevice *vbasedev, void *val, int count,
                                   off_t off, bool iswrite)
 {
@@ -260,6 +336,20 @@ static int vfio_save_buffer(QEMUFile *f, VFIODevice *vbasedev, uint64_t *size)
     return ret;
 }
 
+static int vfio_load_buffer(QEMUFile *f, VFIODevice *vbasedev,
+                            uint64_t data_size)
+{
+    VFIOMigration *migration = vbasedev->migration;
+    int ret;
+
+    ret = qemu_file_get_to_fd(f, migration->data_fd, data_size);
+    if (!ret) {
+        trace_vfio_load_state_device_data(vbasedev->name, data_size);
+    }
+
+    return ret;
+}
+
 static int vfio_v1_load_buffer(QEMUFile *f, VFIODevice *vbasedev,
                                uint64_t data_size)
 {
@@ -394,6 +484,14 @@ static int vfio_load_device_config_state(QEMUFile *f, void *opaque)
     return qemu_file_get_error(f);
 }
 
+static void vfio_migration_cleanup(VFIODevice *vbasedev)
+{
+    VFIOMigration *migration = vbasedev->migration;
+
+    close(migration->data_fd);
+    migration->data_fd = -1;
+}
+
 static void vfio_migration_v1_cleanup(VFIODevice *vbasedev)
 {
     VFIOMigration *migration = vbasedev->migration;
@@ -405,6 +503,18 @@ static void vfio_migration_v1_cleanup(VFIODevice *vbasedev)
 
 /* ---------------------------------------------------------------------- */
 
+static int vfio_save_setup(QEMUFile *f, void *opaque)
+{
+    VFIODevice *vbasedev = opaque;
+
+    trace_vfio_save_setup(vbasedev->name);
+
+    qemu_put_be64(f, VFIO_MIG_FLAG_DEV_SETUP_STATE);
+    qemu_put_be64(f, VFIO_MIG_FLAG_END_OF_STATE);
+
+    return qemu_file_get_error(f);
+}
+
 static int vfio_v1_save_setup(QEMUFile *f, void *opaque)
 {
     VFIODevice *vbasedev = opaque;
@@ -448,6 +558,14 @@ static int vfio_v1_save_setup(QEMUFile *f, void *opaque)
     return 0;
 }
 
+static void vfio_save_cleanup(void *opaque)
+{
+    VFIODevice *vbasedev = opaque;
+
+    vfio_migration_cleanup(vbasedev);
+    trace_vfio_save_cleanup(vbasedev->name);
+}
+
 static void vfio_v1_save_cleanup(void *opaque)
 {
     VFIODevice *vbasedev = opaque;
@@ -456,6 +574,23 @@ static void vfio_v1_save_cleanup(void *opaque)
     trace_vfio_save_cleanup(vbasedev->name);
 }
 
+#define VFIO_MIG_PENDING_SIZE (512 * 1024 * 1024)
+static void vfio_save_pending(void *opaque, uint64_t threshold_size,
+                              uint64_t *res_precopy, uint64_t *res_postcopy)
+{
+    VFIODevice *vbasedev = opaque;
+
+    /*
+     * VFIO migration protocol v2 currently doesn't have an API to get pending
+     * device state size. Until such API is introduced, report some big
+     * arbitrary pending size so the device will be taken into account for
+     * downtime limit calculations.
+     */
+    *res_postcopy += VFIO_MIG_PENDING_SIZE;
+
+    trace_vfio_save_pending(vbasedev->name, *res_precopy, *res_postcopy);
+}
+
 static void vfio_v1_save_pending(void *opaque, uint64_t threshold_size,
                                  uint64_t *res_precopy, uint64_t *res_postcopy)
 {
@@ -520,6 +655,67 @@ static int vfio_save_iterate(QEMUFile *f, void *opaque)
     return 0;
 }
 
+/* Returns 1 if end-of-stream is reached, 0 if more data and -1 if error */
+static int vfio_save_block(QEMUFile *f, VFIOMigration *migration)
+{
+    ssize_t data_size;
+
+    data_size = read(migration->data_fd, migration->data_buffer,
+                     migration->data_buffer_size);
+    if (data_size < 0) {
+        return -1;
+    }
+    if (data_size == 0) {
+        return 1;
+    }
+
+    qemu_put_be64(f, VFIO_MIG_FLAG_DEV_DATA_STATE);
+    qemu_put_be64(f, data_size);
+    qemu_put_buffer(f, migration->data_buffer, data_size);
+    bytes_transferred += data_size;
+
+    trace_vfio_save_block(migration->vbasedev->name, data_size);
+
+    return qemu_file_get_error(f);
+}
+
+static int vfio_save_complete_precopy(QEMUFile *f, void *opaque)
+{
+    VFIODevice *vbasedev = opaque;
+    enum vfio_device_mig_state recover_state;
+    int ret;
+
+    /* We reach here with device state STOP only */
+    recover_state = VFIO_DEVICE_STATE_STOP;
+    ret = vfio_migration_set_state(vbasedev, VFIO_DEVICE_STATE_STOP_COPY,
+                                   recover_state);
+    if (ret) {
+        return ret;
+    }
+
+    do {
+        ret = vfio_save_block(f, vbasedev->migration);
+        if (ret < 0) {
+            return ret;
+        }
+    } while (!ret);
+
+    qemu_put_be64(f, VFIO_MIG_FLAG_END_OF_STATE);
+    ret = qemu_file_get_error(f);
+    if (ret) {
+        return ret;
+    }
+
+    recover_state = VFIO_DEVICE_STATE_ERROR;
+    ret = vfio_migration_set_state(vbasedev, VFIO_DEVICE_STATE_STOP,
+                                   recover_state);
+    if (!ret) {
+        trace_vfio_save_complete_precopy(vbasedev->name);
+    }
+
+    return ret;
+}
+
 static int vfio_v1_save_complete_precopy(QEMUFile *f, void *opaque)
 {
     VFIODevice *vbasedev = opaque;
@@ -589,6 +785,14 @@ static void vfio_save_state(QEMUFile *f, void *opaque)
     }
 }
 
+static int vfio_load_setup(QEMUFile *f, void *opaque)
+{
+    VFIODevice *vbasedev = opaque;
+
+    return vfio_migration_set_state(vbasedev, VFIO_DEVICE_STATE_RESUMING,
+                                   vbasedev->migration->device_state);
+}
+
 static int vfio_v1_load_setup(QEMUFile *f, void *opaque)
 {
     VFIODevice *vbasedev = opaque;
@@ -616,6 +820,16 @@ static int vfio_v1_load_setup(QEMUFile *f, void *opaque)
     return ret;
 }
 
+static int vfio_load_cleanup(void *opaque)
+{
+    VFIODevice *vbasedev = opaque;
+
+    vfio_migration_cleanup(vbasedev);
+    trace_vfio_load_cleanup(vbasedev->name);
+
+    return 0;
+}
+
 static int vfio_v1_load_cleanup(void *opaque)
 {
     VFIODevice *vbasedev = opaque;
@@ -658,7 +872,11 @@ static int vfio_load_state(QEMUFile *f, void *opaque, int version_id)
             uint64_t data_size = qemu_get_be64(f);
 
             if (data_size) {
-                ret = vfio_v1_load_buffer(f, vbasedev, data_size);
+                if (vbasedev->migration->v2) {
+                    ret = vfio_load_buffer(f, vbasedev, data_size);
+                } else {
+                    ret = vfio_v1_load_buffer(f, vbasedev, data_size);
+                }
                 if (ret < 0) {
                     return ret;
                 }
@@ -679,6 +897,17 @@ static int vfio_load_state(QEMUFile *f, void *opaque, int version_id)
     return ret;
 }
 
+static const SaveVMHandlers savevm_vfio_handlers = {
+    .save_setup = vfio_save_setup,
+    .save_cleanup = vfio_save_cleanup,
+    .save_live_pending = vfio_save_pending,
+    .save_live_complete_precopy = vfio_save_complete_precopy,
+    .save_state = vfio_save_state,
+    .load_setup = vfio_load_setup,
+    .load_cleanup = vfio_load_cleanup,
+    .load_state = vfio_load_state,
+};
+
 static SaveVMHandlers savevm_vfio_v1_handlers = {
     .save_setup = vfio_v1_save_setup,
     .save_cleanup = vfio_v1_save_cleanup,
@@ -693,6 +922,34 @@ static SaveVMHandlers savevm_vfio_v1_handlers = {
 
 /* ---------------------------------------------------------------------- */
 
+static void vfio_vmstate_change(void *opaque, bool running, RunState state)
+{
+    VFIODevice *vbasedev = opaque;
+    enum vfio_device_mig_state new_state;
+    int ret;
+
+    if (running) {
+        new_state = VFIO_DEVICE_STATE_RUNNING;
+    } else {
+        new_state = VFIO_DEVICE_STATE_STOP;
+    }
+
+    ret = vfio_migration_set_state(vbasedev, new_state,
+                                   VFIO_DEVICE_STATE_ERROR);
+    if (ret) {
+        /*
+         * Migration should be aborted in this case, but vm_state_notify()
+         * currently does not support reporting failures.
+         */
+        if (migrate_get_current()->to_dst_file) {
+            qemu_file_set_error(migrate_get_current()->to_dst_file, ret);
+        }
+    }
+
+    trace_vfio_vmstate_change(vbasedev->name, running, RunState_str(state),
+                              mig_state_to_str(new_state));
+}
+
 static void vfio_v1_vmstate_change(void *opaque, bool running, RunState state)
 {
     VFIODevice *vbasedev = opaque;
@@ -766,12 +1023,17 @@ static void vfio_migration_state_notifier(Notifier *notifier, void *data)
     case MIGRATION_STATUS_CANCELLED:
     case MIGRATION_STATUS_FAILED:
         bytes_transferred = 0;
-        ret = vfio_migration_v1_set_state(vbasedev,
-                                          ~(VFIO_DEVICE_STATE_V1_SAVING |
-                                            VFIO_DEVICE_STATE_V1_RESUMING),
-                                          VFIO_DEVICE_STATE_V1_RUNNING);
-        if (ret) {
-            error_report("%s: Failed to set state RUNNING", vbasedev->name);
+        if (migration->v2) {
+            vfio_migration_set_state(vbasedev, VFIO_DEVICE_STATE_RUNNING,
+                                     VFIO_DEVICE_STATE_ERROR);
+        } else {
+            ret = vfio_migration_v1_set_state(vbasedev,
+                                              ~(VFIO_DEVICE_STATE_V1_SAVING |
+                                                VFIO_DEVICE_STATE_V1_RESUMING),
+                                              VFIO_DEVICE_STATE_V1_RUNNING);
+            if (ret) {
+                error_report("%s: Failed to set state RUNNING", vbasedev->name);
+            }
         }
     }
 }
@@ -780,12 +1042,35 @@ static void vfio_migration_exit(VFIODevice *vbasedev)
 {
     VFIOMigration *migration = vbasedev->migration;
 
-    vfio_region_exit(&migration->region);
-    vfio_region_finalize(&migration->region);
+    if (migration->v2) {
+        g_free(migration->data_buffer);
+    } else {
+        vfio_region_exit(&migration->region);
+        vfio_region_finalize(&migration->region);
+    }
     g_free(vbasedev->migration);
     vbasedev->migration = NULL;
 }
 
+static int vfio_migration_query_flags(VFIODevice *vbasedev, uint64_t *mig_flags)
+{
+    uint64_t buf[DIV_ROUND_UP(sizeof(struct vfio_device_feature) +
+                                  sizeof(struct vfio_device_feature_migration),
+                              sizeof(uint64_t))] = {};
+    struct vfio_device_feature *feature = (void *)buf;
+    struct vfio_device_feature_migration *mig = (void *)feature->data;
+
+    feature->argsz = sizeof(buf);
+    feature->flags = VFIO_DEVICE_FEATURE_GET | VFIO_DEVICE_FEATURE_MIGRATION;
+    if (ioctl(vbasedev->fd, VFIO_DEVICE_FEATURE, feature)) {
+        return -EOPNOTSUPP;
+    }
+
+    *mig_flags = mig->flags;
+
+    return 0;
+}
+
 static int vfio_migration_init(VFIODevice *vbasedev)
 {
     int ret;
@@ -794,6 +1079,7 @@ static int vfio_migration_init(VFIODevice *vbasedev)
     char id[256] = "";
     g_autofree char *path = NULL, *oid = NULL;
     struct vfio_region_info *info = NULL;
+    uint64_t mig_flags;
 
     if (!vbasedev->ops->vfio_get_object) {
         return -EINVAL;
@@ -804,34 +1090,51 @@ static int vfio_migration_init(VFIODevice *vbasedev)
         return -EINVAL;
     }
 
-    ret = vfio_get_dev_region_info(vbasedev,
-                                   VFIO_REGION_TYPE_MIGRATION_DEPRECATED,
-                                   VFIO_REGION_SUBTYPE_MIGRATION_DEPRECATED,
-                                   &info);
-    if (ret) {
-        return ret;
-    }
+    ret = vfio_migration_query_flags(vbasedev, &mig_flags);
+    if (!ret) {
+        /* Migration v2 */
+        /* Basic migration functionality must be supported */
+        if (!(mig_flags & VFIO_MIGRATION_STOP_COPY)) {
+            return -EOPNOTSUPP;
+        }
+        vbasedev->migration = g_new0(VFIOMigration, 1);
+        vbasedev->migration->device_state = VFIO_DEVICE_STATE_RUNNING;
+        vbasedev->migration->data_buffer_size = VFIO_MIG_DATA_BUFFER_SIZE;
+        vbasedev->migration->data_buffer =
+            g_malloc0(vbasedev->migration->data_buffer_size);
+        vbasedev->migration->data_fd = -1;
+        vbasedev->migration->v2 = true;
+    } else {
+        /* Migration v1 */
+        ret = vfio_get_dev_region_info(vbasedev,
+                                       VFIO_REGION_TYPE_MIGRATION_DEPRECATED,
+                                       VFIO_REGION_SUBTYPE_MIGRATION_DEPRECATED,
+                                       &info);
+        if (ret) {
+            return ret;
+        }
 
-    vbasedev->migration = g_new0(VFIOMigration, 1);
-    vbasedev->migration->device_state_v1 = VFIO_DEVICE_STATE_V1_RUNNING;
-    vbasedev->migration->vm_running = runstate_is_running();
+        vbasedev->migration = g_new0(VFIOMigration, 1);
+        vbasedev->migration->device_state_v1 = VFIO_DEVICE_STATE_V1_RUNNING;
+        vbasedev->migration->vm_running = runstate_is_running();
 
-    ret = vfio_region_setup(obj, vbasedev, &vbasedev->migration->region,
-                            info->index, "migration");
-    if (ret) {
-        error_report("%s: Failed to setup VFIO migration region %d: %s",
-                     vbasedev->name, info->index, strerror(-ret));
-        goto err;
-    }
+        ret = vfio_region_setup(obj, vbasedev, &vbasedev->migration->region,
+                                info->index, "migration");
+        if (ret) {
+            error_report("%s: Failed to setup VFIO migration region %d: %s",
+                         vbasedev->name, info->index, strerror(-ret));
+            goto err;
+        }
 
-    if (!vbasedev->migration->region.size) {
-        error_report("%s: Invalid zero-sized VFIO migration region %d",
-                     vbasedev->name, info->index);
-        ret = -EINVAL;
-        goto err;
-    }
+        if (!vbasedev->migration->region.size) {
+            error_report("%s: Invalid zero-sized VFIO migration region %d",
+                         vbasedev->name, info->index);
+            ret = -EINVAL;
+            goto err;
+        }
 
-    g_free(info);
+        g_free(info);
+    }
 
     migration = vbasedev->migration;
     migration->vbasedev = vbasedev;
@@ -844,11 +1147,20 @@ static int vfio_migration_init(VFIODevice *vbasedev)
     }
     strpadcpy(id, sizeof(id), path, '\0');
 
-    register_savevm_live(id, VMSTATE_INSTANCE_ID_ANY, 1,
-                         &savevm_vfio_v1_handlers, vbasedev);
+    if (migration->v2) {
+        register_savevm_live(id, VMSTATE_INSTANCE_ID_ANY, 1,
+                             &savevm_vfio_handlers, vbasedev);
+
+        migration->vm_state = qdev_add_vm_change_state_handler(
+            vbasedev->dev, vfio_vmstate_change, vbasedev);
+    } else {
+        register_savevm_live(id, VMSTATE_INSTANCE_ID_ANY, 1,
+                             &savevm_vfio_v1_handlers, vbasedev);
+
+        migration->vm_state = qdev_add_vm_change_state_handler(
+            vbasedev->dev, vfio_v1_vmstate_change, vbasedev);
+    }
 
-    migration->vm_state = qdev_add_vm_change_state_handler(
-        vbasedev->dev, vfio_v1_vmstate_change, vbasedev);
     migration->migration_state.notify = vfio_migration_state_notifier;
     add_migration_state_change_notifier(&migration->migration_state);
     return 0;
diff --git a/hw/vfio/trace-events b/hw/vfio/trace-events
index d88d2b4053..9ef84e24b2 100644
--- a/hw/vfio/trace-events
+++ b/hw/vfio/trace-events
@@ -149,7 +149,9 @@ vfio_display_edid_write_error(void) ""
 
 # migration.c
 vfio_migration_probe(const char *name) " (%s)"
+vfio_migration_set_state(const char *name, const char *state) " (%s) state %s"
 vfio_migration_v1_set_state(const char *name, uint32_t state) " (%s) state %d"
+vfio_vmstate_change(const char *name, int running, const char *reason, const char *dev_state) " (%s) running %d reason %s device state %s"
 vfio_v1_vmstate_change(const char *name, int running, const char *reason, uint32_t dev_state) " (%s) running %d reason %s device state %d"
 vfio_migration_state_notifier(const char *name, const char *state) " (%s) state %s"
 vfio_save_setup(const char *name) " (%s)"
@@ -163,6 +165,8 @@ vfio_save_complete_precopy(const char *name) " (%s)"
 vfio_load_device_config_state(const char *name) " (%s)"
 vfio_load_state(const char *name, uint64_t data) " (%s) data 0x%"PRIx64
 vfio_v1_load_state_device_data(const char *name, uint64_t data_offset, uint64_t data_size) " (%s) Offset 0x%"PRIx64" size 0x%"PRIx64
+vfio_load_state_device_data(const char *name, uint64_t data_size) " (%s) size 0x%"PRIx64
 vfio_load_cleanup(const char *name) " (%s)"
 vfio_get_dirty_bitmap(int fd, uint64_t iova, uint64_t size, uint64_t bitmap_size, uint64_t start) "container fd=%d, iova=0x%"PRIx64" size= 0x%"PRIx64" bitmap_size=0x%"PRIx64" start=0x%"PRIx64
 vfio_iommu_map_dirty_notify(uint64_t iova_start, uint64_t iova_end) "iommu dirty @ 0x%"PRIx64" - 0x%"PRIx64
+vfio_save_block(const char *name, int data_size) " (%s) data_size %d"
diff --git a/include/hw/vfio/vfio-common.h b/include/hw/vfio/vfio-common.h
index bbaf72ba00..2ec3346fea 100644
--- a/include/hw/vfio/vfio-common.h
+++ b/include/hw/vfio/vfio-common.h
@@ -66,6 +66,11 @@ typedef struct VFIOMigration {
     int vm_running;
     Notifier migration_state;
     uint64_t pending_bytes;
+    enum vfio_device_mig_state device_state;
+    int data_fd;
+    void *data_buffer;
+    size_t data_buffer_size;
+    bool v2;
 } VFIOMigration;
 
 typedef struct VFIOAddressSpace {
