diff --git a/CHANGELOG.md b/CHANGELOG.md
index ce5503c5fcf3..a0c9b6a7f6b8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -85,6 +85,7 @@
 - `[docs, examples]` Update React examples to match with the new React guidelines for code examples ([#12217](https://github.com/facebook/jest/pull/12217))
 - `[docs]` Add clarity for module factory hoisting limitations ([#12453](https://github.com/facebook/jest/pull/12453))
 - `[docs]` Add more information about how code transformers work ([#12407](https://github.com/facebook/jest/pull/12407))
+- `[docs]` Add upgrading guide ([#12633](https://github.com/facebook/jest/pull/12633))
 - `[expect]` [**BREAKING**] Remove support for importing `build/utils` ([#12323](https://github.com/facebook/jest/pull/12323))
 - `[expect]` [**BREAKING**] Migrate to ESM ([#12344](https://github.com/facebook/jest/pull/12344))
 - `[expect]` [**BREAKING**] Snapshot matcher types are moved to `@jest/expect` ([#12404](https://github.com/facebook/jest/pull/12404))
diff --git a/docs/UpgradingToJest28.md b/docs/UpgradingToJest28.md
new file mode 100644
index 000000000000..d6d682656687
--- /dev/null
+++ b/docs/UpgradingToJest28.md
@@ -0,0 +1,184 @@
+---
+id: upgrading-to-jest28
+title: From v27 to v28
+---
+
+Upgrading Jest from v27 to v28? This guide aims to help refactoring your configuration and tests.
+
+:::info
+
+See [changelog](https://github.com/facebook/jest/blob/main/CHANGELOG.md) for the full list of changes.
+
+:::
+
+## Compatibility
+
+The supported Node versions are 12.13, 14.15, 16.13 and above.
+
+If you plan to use type definitions of Jest (or any of its packages), make sure to install TypeScript version 4.3 or above.
+
+## Configuration Options
+
+### `extraGlobals`
+
+The `extraGlobals` option was renamed to [`sandboxInjectedGlobals`](Configuration.md#sandboxinjectedglobals-arraystring):
+
+```diff
+- extraGlobals: ['Math']
++ sandboxInjectedGlobals: ['Math']
+```
+
+### `timers`
+
+The `timers` option was renamed to [`fakeTimers`](Configuration.md#faketimers-object). See [Fake Timers](#fake-timers) section bellow for details.
+
+### `testURL`
+
+The `testURL` option is removed. Now you should use [`testEnvironmentOptions`](Configuration.md#testenvironmentoptions-object) to pass `url` option to JSDOM environment:
+
+```diff
+- testURL: 'https://jestjs.io'
++ testEnvironmentOptions: {
++   url: 'https://jestjs.io'
++ }
+```
+
+## Fake Timers
+
+Fake timers were refactored to allow passing options to the underlying [`@sinonjs/fake-timers`](https://github.com/sinonjs/fake-timers).
+
+### `fakeTimers`
+
+The `timers` configuration option was renamed to [`fakeTimers`](Configuration.md#faketimers-object) and now takes an object with options:
+
+```diff
+- timers: 'real'
++ fakeTimers: {
++   enableGlobally: false
++ }
+```
+
+```diff
+- timers: 'fake'
++ fakeTimers: {
++   enableGlobally: true
++ }
+```
+
+```diff
+- timers: 'modern'
++ fakeTimers: {
++   enableGlobally: true
++ }
+```
+
+```diff
+- timers: 'legacy'
++ fakeTimers: {
++   enableGlobally: true,
++   legacyFakeTimers: true
++ }
+```
+
+### `jest.useFakeTimers()`
+
+An object with options now should be passed to [`jest.useFakeTimers()`](JestObjectAPI.md#jestusefaketimersfaketimersconfig) as well:
+
+```diff
+- jest.useFakeTimers('modern')
++ jest.useFakeTimers()
+```
+
+```diff
+- jest.useFakeTimers('legacy')
++ jest.useFakeTimers({
++   legacyFakeTimers: true
++ })
+```
+
+If legacy fake timers are enabled in Jest config file, but you would like to disable them in a particular test file:
+
+```diff
+- jest.useFakeTimers('modern')
++ jest.useFakeTimers({
++   legacyFakeTimers: false
++ })
+```
+
+## Test Environment
+
+### Custom Environment
+
+The constructor of [test environment](Configuration.md#testenvironment-string) class now receives an object with Jest's `globalConfig` and `projectConfig` as its first argument. The second argument is now mandatory.
+
+```diff
+  class CustomEnvironment extends NodeEnvironment {
+-   constructor(config) {
+-     super(config);
++   constructor({globalConfig, projectConfig}, context) {
++     super({globalConfig, projectConfig}, context);
++     const config = projectConfig;
+```
+
+### `jsdom`
+
+If you are using JSDOM [test environment](Configuration.md#testenvironment-string), `jest-environment-jsdom` package now must be installed separately:
+
+```bash npm2yarn
+npm install --save-dev jest-environment-jsdom
+```
+
+## Test Runner
+
+If you are using Jasmine [test runner](Configuration.md#testrunner-string), `jest-jasmine2` package now must be installed separately:
+
+```bash npm2yarn
+npm install --save-dev jest-jasmine2
+```
+
+## Transformer
+
+`process()` and `processAsync()` methods of a custom [transformer module](CodeTransformation.md) cannot return a string anymore. They must always return an object:
+
+```diff
+  process(sourceText, sourcePath, options) {
+-   return `module.exports = ${JSON.stringify(path.basename(sourcePath))};`;
++   return {
++     code: `module.exports = ${JSON.stringify(path.basename(sourcePath))};`,
++   };
+  }
+```
+
+## TypeScript
+
+:::info
+
+The TypeScript examples from this page will only work as document if you import `jest` from `'@jest/globals'`:
+
+```ts
+import {jest} from '@jest/globals';
+```
+
+:::
+
+### `jest.fn()`
+
+`jest.fn()` now takes only one generic type argument. See [Mock Functions API](MockFunctionAPI.md) page for more usage examples.
+
+```diff
+  import add from './add';
+- const mockAdd = jest.fn<ReturnType<typeof add>, Parameters<typeof add>>();
++ const mockAdd = jest.fn<typeof add>();
+```
+
+```diff
+- const mock = jest.fn<number, []>()
++ const mock = jest.fn<() => number>()
+    .mockReturnValue(42)
+    .mockReturnValueOnce(12);
+
+- const asyncMock = jest.fn<Promise<string>, []>()
++ const asyncMock = jest.fn<() => Promise<string>>()
+    .mockResolvedValue('default')
+    .mockResolvedValueOnce('first call');
+```
diff --git a/website/sidebars.json b/website/sidebars.json
index d40f62713a60..3f05a1a9c107 100644
--- a/website/sidebars.json
+++ b/website/sidebars.json
@@ -32,7 +32,8 @@
       "tutorial-react",
       "tutorial-react-native",
       "testing-frameworks"
-    ]
+    ],
+    "Upgrade Guides": ["upgrading-to-jest28"]
   },
   "api": [
     "api",