Based on the simple view of reading (SVR), we investigated factors associated with reading comprehension in Second Language (L2) minority children learning a highly consistent orthography through a network analysis. Bilingual and monolingual children participated in the research. Consistent with prior findings, reading speed supported reading comprehension for L1 learners, whereas, for L2 learners, correct decoding carried greater weight than reading speed. In monolingual children, vocabulary and morphosyntactic comprehension contributed jointly and independently to reading comprehension success. However, only vocabulary facilitated reading comprehension in bilingual children, with morphosyntactic skills showing no influence. While monolinguals benefitted from a rich vocabulary and good morphosyntactic knowledge for reading speed and accuracy, in bilingual children, only L2 reading speed was affected by linguistic skills.