More than 2 million people originating from Bosnia and Herzegovina (BiH) reside outside of the country. BiH diaspora is mostly well-integrated and better off than other migrant communities in their host countries, with ample potential and willingness to contribute to the development of BiH. This is evidenced by substantial diaspora remittances, currently estimated at 14 percent of BiH GDP, greatly exceeding the FDI flows into the country. However, BiH’s interaction with diaspora has been largely unstructured, with little systemic engagement and no incentives to help channel their investments toward productive uses in terms of socio-economic development. A decisive intervention is needed to engage with diaspora investors in a planned, thoughtful manner, provide incentives for investment, and establish a local platform to provide diaspora business services and facilitate investment.