Migrating a Parallels VM and Windows running in that VM

All data and apps ill be migrated if selected. In terms

of any applications, including Parallels, you may need to

somehow transfer the license to the new machine, if possible.

You need to check with all your app vendors to verify what

will be needed to be done as each will be undoubtably different

and some may not even let you transfer and force you to pay

for a new license.

All apps purchased in the Mac App Store will automatically

be authorized for use on the new computer.

In terms of the VMs, you may be prompted when starting one whether

the VM was moved or copied. Select move. If you select copied,

it will reassign all underlying machine characteristics with the need

of reactivation of Windows as well as any hardware based licensed

apps.