Empirical evidence collected so far has revealed that the bilingual advantage cannot be reduced to a single component of the executive functioning, and point to the need to understand the effects of bilingual experience on cognition as influencing a wider family of mental processes, including, but not limited to, cognitive control. The present study aims to explore a relatively underinvestigated domain of bilingual cognitive processes, namely anticipation, through a series of different paradigms tapping proactive and reactive mechanisms at different levels of cognitive complexity and linguistic components. The sample included 25 adult bilinguals (26.5 ± 7.8 years) and 25 monolinguals (26.4 ± 7 years) matched for age, gender, and non-verbal IQ. Participants were administered two experimental tasks: Attentional Network Task (ANT), and auditory picture-word identification task. Compared to monolinguals, bilinguals showed overall faster reaction times and reduced conflict effect on both the ANT and the picture-word identification task. In addition, associations between performances in the nonverbal and the verbal tasks support the role of the nonverbal monitoring component on verbal anticipation. Results are discussed in light of a dynamic interaction between proactive and reactive mechanisms of cognitive control.