diff --git a/include/hw/i386/pc.h b/include/hw/i386/pc.h
index d1f45540a1..ab303c7fee 100644
--- a/include/hw/i386/pc.h
+++ b/include/hw/i386/pc.h
@@ -623,6 +623,10 @@ bool e820_get_entry(int, uint32_t, uint64_t *, uint64_t *);
         .driver   = "Broadwell-noTSX" "-" TYPE_X86_CPU,\
         .property = "xlevel",\
         .value    = stringify(0x8000000a),\
+    },{\
+        .driver = TYPE_X86_CPU,\
+        .property = "kvm-no-smi-migration",\
+        .value    = "on",\
     },
 
 #define PC_COMPAT_2_2 \
diff --git a/target/i386/cpu.c b/target/i386/cpu.c
index aec5d9daf8..fba92125ab 100644
--- a/target/i386/cpu.c
+++ b/target/i386/cpu.c
@@ -3983,6 +3983,8 @@ static Property x86_cpu_properties[] = {
     DEFINE_PROP_BOOL("cpuid-0xb", X86CPU, enable_cpuid_0xb, true),
     DEFINE_PROP_BOOL("lmce", X86CPU, enable_lmce, false),
     DEFINE_PROP_BOOL("l3-cache", X86CPU, enable_l3_cache, true),
+    DEFINE_PROP_BOOL("kvm-no-smi-migration", X86CPU, kvm_no_smi_migration,
+                     false),
     DEFINE_PROP_BOOL("vmware-cpuid-freq", X86CPU, vmware_cpuid_freq, true),
     DEFINE_PROP_END_OF_LIST()
 };
diff --git a/target/i386/cpu.h b/target/i386/cpu.h
index 12a39d590f..ac2ad6d443 100644
--- a/target/i386/cpu.h
+++ b/target/i386/cpu.h
@@ -1255,6 +1255,9 @@ struct X86CPU {
     /* if true override the phys_bits value with a value read from the host */
     bool host_phys_bits;
 
+    /* Stop SMI delivery for migration compatibility with old machines */
+    bool kvm_no_smi_migration;
+
     /* Number of physical address bits supported */
     uint32_t phys_bits;
 
diff --git a/target/i386/kvm.c b/target/i386/kvm.c
index 7698421ae7..887a81268f 100644
--- a/target/i386/kvm.c
+++ b/target/i386/kvm.c
@@ -2492,7 +2492,12 @@ static int kvm_put_vcpu_events(X86CPU *cpu, int level)
             events.smi.pending = 0;
             events.smi.latched_init = 0;
         }
-        events.flags |= KVM_VCPUEVENT_VALID_SMM;
+        /* Stop SMI delivery on old machine types to avoid a reboot
+         * on an inward migration of an old VM.
+         */
+        if (!cpu->kvm_no_smi_migration) {
+            events.flags |= KVM_VCPUEVENT_VALID_SMM;
+        }
     }
 
     if (level >= KVM_PUT_RESET_STATE) {