Based on social cognitive theory, the purpose of this study is to examine certain social cognitive and demographic factors involved in intrinsic satisfaction amongst secondary school students of different cultural backgrounds in a new migrant-receiving country. Given the role of schools in youth acculturation and adaptation, it is important to detect the variables related to successful academic adaptation of adolescents. The sample comprised of 938 South American, African and Spanish adolescents who settled in Spain. Correlation analyses showed that age, social self-efficacy, academic self-concept, attribution style and intrinsic satisfaction were related. ANOVAs revealed that girls displayed a greater tendency to attribute their outcomes to internal factors than boys. Furthermore, older and Spanish adolescents displayed lower levels of intrinsic satisfaction than younger and immigrant adolescents. Path analyses found that social self-efficacy and academic self-concept were the best predictors of intrinsic satisfaction. Therefore, the promotion of social self-efficacy and academic self-concept should increase intrinsic satisfaction in schools. In addition, research into the role of cultural origin in self-regulation in schools may be necessary.