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The happiness or flourishing of migrants in their new country has important implications for health and social costs. Most migrant well-being studies only focus on psychological distress. Here, we specifically examine demographic, social, and psychological factors related to a broader spectrum of well-being, not only distress but also flourishing. A national online survey was conducted involving 1446 migrants to Australia. Drawing on the Dual Continuum Model, we examined flourishing and distress as separate outcomes. Numerous factors were associated with both outcomes, including experiences of racism or discrimination, being satisfied with new friendships and wishing to go back to one’s home country. However, some factors varied by outcome, including younger age linked to distress but not to flourishing. Also, identifying with being Australian and the source of income were some factors specifically …