This paper analyses the dynamics of the reconfiguration of Bolivian migratory fields in the context of the crisis affecting European destination countries. At a global level, we show how the 2008 worldwide economic crisis, and, in particular, its severity in Spain, has reoriented Bolivian migratory flows towards regional Latin American destinations: economies undergoing larger relative growth, such as Brazil and Chile, are newer destinations, while migration to Argentina has a long history. In a more qualitative approach, based on fieldwork interviews with Bolivian migrants in Spain, we explore the key factors that determine migratory strategies: whether to stay, return or re-emigrate.