This work relates to the debate between direct subsidies and territorial development. lt seeks to provide empirical (econometric) evidence to identify the territorial components of wellbeing and to establish how the environment should become a subject of intervention, particularly in the policy as to victims of torced displacement. To reach this objective, this work compares the socio-economic conditions of the people who moved between 2005 and 201 O and their situation three years later; the conditions ofthe displaced population in the host municipalities are also compared with those ofthe voluntary migrant and non-migrant population; and a model is identified to identify the territorial and socio-demographic factors of wellbeing. The results show that certain conditions in the environment have a greater influence than the socio- demographic characteristics of households and that territorial development is essential to reduce the dependence of the displaced population on state aid and thus reduce the tax burden of assistance to the displaced population .