diff --git a/lib/controllers/migrate-controller.ts b/lib/controllers/migrate-controller.ts
index 899afff4c8..19f72ae70e 100644
--- a/lib/controllers/migrate-controller.ts
+++ b/lib/controllers/migrate-controller.ts
@@ -381,6 +381,16 @@ export class MigrateController
 		this.spinner.text = "Project dependencies have been updated";
 		this.spinner.succeed();
 
+		// update tsconfig
+		const tsConfigPath = path.resolve(projectDir, "tsconfig.json");
+		if (this.$fs.exists(tsConfigPath)) {
+			this.spinner.start("Updating tsconfig.json");
+
+			await this.migrateTSConfig(tsConfigPath);
+
+			this.spinner.succeed("Updated tsconfig.json");
+		}
+
 		// add latest runtimes (if they were specified in the nativescript key)
 		// this.spinner.start("Updating runtimes");
 		//
@@ -780,8 +790,24 @@ export class MigrateController
 			constants.NODE_MODULES_FOLDER_NAME,
 			constants.WEBPACK_CONFIG_NAME,
 			constants.PACKAGE_LOCK_JSON_FILE_NAME,
-			constants.TSCCONFIG_TNS_JSON_NAME,
 		]);
+
+		const {
+			dependencies,
+			devDependencies,
+		} = await this.$pluginsService.getDependenciesFromPackageJson(
+			projectData.projectDir
+		);
+		const hasSchematics = [...dependencies, ...devDependencies].find(
+			(p) => p.name === "@nativescript/schematics"
+		);
+
+		if (!hasSchematics) {
+			// clean tsconfig.tns.json if not in a shared project
+			await this.$projectCleanupService.clean([
+				constants.TSCCONFIG_TNS_JSON_NAME,
+			]);
+		}
 	}
 
 	private async handleAutoGeneratedFiles(
@@ -1182,6 +1208,31 @@ export class MigrateController
 		return dependencies;
 	}
 
+	private async migrateTSConfig(tsConfigPath: string): Promise<boolean> {
+		try {
+			const configContents = this.$fs.readJson(tsConfigPath);
+
+			// update
+			configContents.compilerOptions = configContents.compilerOptions || {};
+			configContents.compilerOptions.target = "es2017";
+			configContents.compilerOptions.module = "esnext";
+			configContents.compilerOptions.moduleResolution = "node";
+			configContents.compilerOptions.experimentalDecorators = true;
+			configContents.compilerOptions.removeComments = false;
+
+			configContents.compilerOptions.lib = [
+				...new Set([...(configContents.compilerOptions.lib || []), "es2017"]),
+			];
+
+			this.$fs.writeJson(tsConfigPath, configContents);
+
+			return true;
+		} catch (error) {
+			this.$logger.trace("Failed to migrate tsconfig.json. Error is: ", error);
+			return false;
+		}
+	}
+
 	private async migrateNativeScriptAngular(): Promise<IMigrationDependency[]> {
 		const dependencies = [
 			{
diff --git a/lib/services/project-backup-service.ts b/lib/services/project-backup-service.ts
index 2f4331d655..b5ded0515a 100644
--- a/lib/services/project-backup-service.ts
+++ b/lib/services/project-backup-service.ts
@@ -37,7 +37,8 @@ export class ProjectBackupService implements IProjectBackupService {
 		}
 
 		create() {
-			const backedUpPaths = [];
+			const backupData = this.getBackupData();
+			const backedUpPaths = backupData?.paths || [];
 			this.$super.$logger.trace("creating backup: ", this.name);
 
 			this.$super.$fs.createDirectory(this.backupDir);