Microsoft will soon allow users to transfer their Xbox Live accounts between regions with a shorter turnaround time, anonymous sources have told Neowin. Currently, the process can take up to six weeks, during which a user is completely locked out of their account.
The pilot program only allows holders to migrate their accounts once every three months. Your gamer tag, achievements, Gold subscription time, and Microsoft points will all move with the migration.
Certain services are region-locked, meaning apps related to those services won't transfer over. Your Lovefilm app won't be coming to the United States with you. Neowin also states that the new Xbox Music subscriptions will also not survive the transition and remaining time will not be refunded.
There's no word on when Microsoft will actually launch the new process.