The purpose of this survey is to explore the relationship among cultural intelligence, psychological well-being, and employability using a questionnaire. The research used survey sampling to target aboriginal college students and collected 268 effective samples from among public and private universities. The study then adopted structural equation modeling (SEM) to examine the models for study and the tenability of the hypothesis. The data indicated that (1) cultural intelligence positively influences psychological well-being; (2) cultural intelligence positively influences employability; (3) psychological well-being positively influences employability; and (4) psychological well-being’s influence on employability is greater than cultural intelligence’s influence on employability. Finally, the meanings and implications of this study are offered in terms of both practical and academic aspects.