Background: In Australia, where a significant proportion of the population is born overseas, ageing presents both opportunities and challenges for health and social care systems. There is growing recognition that ageing should be understood within its broader social context, emphasising functional ability and the contributions of older adults. However, limited research exists on caregiving roles among older migrants in Australia. Objective: This study examined the caregiving roles of older Indian and Nepalese migrants and explored how these roles influence healthy ageing within their social context. Methods: A cross-sectional survey was conducted with 170 older Indian and Nepalese migrants. Measures included caregiving frequency, caregiver burden, social support, and healthy ageing. Data were analysed using descriptive statistics, independent samples t-tests, ANOVA, and multiple and hierarchical regression models. Results: A total of 170 older adults completed the survey. Caregiving was common, with approximately 70% reporting moderate to high levels of caregiving frequency. Caregiving frequency was significantly associated with age, marital status, employment, monthly income, and housing status, and living arrangement. Approximately 18% of the participants reported moderate to severe caregiver burden. Caregiving frequency, caregiver burden, and social support were initially associated with healthy ageing in multiple linear regression, F (3,166) = 7.30, p < 0.001. However, hierarchical regression analysis indicated that these factors did not independently predict healthy ageing after controlling for socio-demographic and health-related variables. Conclusion: The results suggest that healthy ageing among older Indian and Nepalese migrants is primarily determined by broader social, economic and health-related factors, than caregiving roles alone.