Funding of ecological research and monitoring of Neotropical migratory birds on their overwintering grounds has benefited both migratory and permanent-resident species. Using examples from our work in Puerto Rico and the Dominican Republic, we demonstrate that ecological research of overwintering migrants often provides information about the ecology and demography of little-known tropical resident birds. Critically important long-term monitoring in Puerto Rico with a focus on winter residents has provided information on the relationships between annual rainfall and fluctuations in resident bird populations and survival rates. It also has alerted local biologists to declines in resident bird populations, including a decline apparently driven by the entry of a brood parasite. But migrant-focused research may also have had an underappreciated effect on the development of conservation capacity and conservation efforts in host countries. Investments in research on Neotropical migrants overwintering on Hispaniola have resulted in a huge increase in field training of students and wildlife professionals, promoted conservation awareness at local and national levels, played an important role in the growth and professionalization of key environmental organizations, spawned a growing ecotourism industry for bird-watching, and driven national park management planning and conservation efforts for all bird species. We encourage funding organizations and agencies to consider the broader impacts of funding migratory-bird research and monitoring efforts, and we encourage researchers in the tropics to use protocols that provide the most information about all the birds that use the study areas involved and to be aware of important opportunities that they may have to build capacity in host countries.