Is it possible to transfer my GTA Online progress from PS4 to PS5?

Yes, it is possible to transfer GTA Online progress from PS4 to PS5. Rockstar Games has provided a method for players to migrate their characters, money, progression, and other account data directly from the PlayStation 4 to the PlayStation 5 version of the game. This one-time migration process involves transferring your existing GTA Online profile to the newer console via a Rockstar Social Club account. It's essential that players follow the specific instructions laid out by Rockstar to ensure a smooth transition. It's also worth noting that this is intended as a one-way transfer; progress made on the PS5 version of the game will not be reflected back on the PS4 version. Players should also take advantage of this feature within any timeframes established by Rockstar, as these offers can be time-limited.