The social consequences of immigration are traditionally at the center of discussions about immigration policy. Native residents are largely unfriendly to newcomers, because they associate them with increased stress in the labor market, larger loads on the social infrastructure, a rise in crime and ethnocultural conflicts, and overall deterioration in living and working conditions of the native population. Meanwhile, in many developed countries that face an intensive inflow of foreigners, life satisfaction, which reflects the perception of social processes, is sufficiently high and has demonstrated positive dynamics in recent years. This article attempts to answer questions about how immigration affects the well-being of natives and how it tells on their objective position and subjective outlook.