<?xml version="1.0" encoding="utf-8"?>
<!-- Generated for DFIN - http://www.dfinsolutions.com/ - Version MF R2.0 - on 13-July-2021 [07:55:37] {AM}-->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
<roleRef xlink:type="simple" xlink:href="gsvit-20210430.xsd#DocumentAndEntityInformationElements" roleURI="http://www.gsamfunds.com/role/DocumentAndEntityInformationElements" />
<roleRef xlink:type="simple" xlink:href="gsvit-20210430.xsd#RiskReturnSummaryUnlabeledGoldmanSachsMultiStrategyAlternativesPortfolio" roleURI="http://www.gsamfunds.com/role/RiskReturnSummaryUnlabeledGoldmanSachsMultiStrategyAlternativesPortfolio" />
<roleRef xlink:type="simple" xlink:href="gsvit-20210430.xsd#RiskReturnDetailDataElementsGoldmanSachsMultiStrategyAlternativesPortfolio" roleURI="http://www.gsamfunds.com/role/RiskReturnDetailDataElementsGoldmanSachsMultiStrategyAlternativesPortfolio" />
<roleRef xlink:type="simple" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#RiskReturnDetailData" roleURI="http://xbrl.sec.gov/rr/role/RiskReturnDetailData" />
<presentationLink xlink:type="extended" xlink:role="http://www.gsamfunds.com/role/DocumentAndEntityInformationElements">
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusTable" xlink:label="loc_rr_ProspectusTable_588176" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationDocumentAxis" xlink:label="loc_dei_DocumentInformationDocumentAxis_588177" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588176" xlink:to="loc_dei_DocumentInformationDocumentAxis_588177" use="optional" order="1" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentDomain" xlink:label="loc_dei_DocumentDomain_588178" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationDocumentAxis_588177" xlink:to="loc_dei_DocumentDomain_588178" use="optional" order="2" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_CoregistrantAxis" xlink:label="loc_rr_CoregistrantAxis_588179" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588176" xlink:to="loc_rr_CoregistrantAxis_588179" use="optional" order="3" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_CoregistrantDomain" xlink:label="loc_rr_CoregistrantDomain_588180" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_CoregistrantAxis_588179" xlink:to="loc_rr_CoregistrantDomain_588180" use="optional" order="4" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_588181" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588176" xlink:to="loc_dei_LegalEntityAxis_588181" use="optional" order="5" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_588182" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_LegalEntityAxis_588181" xlink:to="loc_dei_EntityDomain_588182" use="optional" order="6" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusShareClassAxis" xlink:label="loc_rr_ProspectusShareClassAxis_588183" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588176" xlink:to="loc_rr_ProspectusShareClassAxis_588183" use="optional" order="7" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ShareClassDomain" xlink:label="loc_rr_ShareClassDomain_588184" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusShareClassAxis_588183" xlink:to="loc_rr_ShareClassDomain_588184" use="optional" order="8" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusLineItems" xlink:label="loc_rr_ProspectusLineItems_588185" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588176" xlink:to="loc_rr_ProspectusLineItems_588185" use="optional" order="9" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_RiskReturnAbstract" xlink:label="loc_rr_RiskReturnAbstract_588186" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusLineItems_588185" xlink:to="loc_rr_RiskReturnAbstract_588186" use="optional" order="10" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_588187" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588186" xlink:to="loc_dei_DocumentType_588187" use="optional" order="11" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_588188" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588186" xlink:to="loc_dei_DocumentPeriodEndDate_588188" use="optional" order="12" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_588189" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588186" xlink:to="loc_dei_EntityRegistrantName_588189" use="optional" order="13" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_588190" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588186" xlink:to="loc_dei_EntityCentralIndexKey_588190" use="optional" order="14" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_588191" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588186" xlink:to="loc_dei_AmendmentFlag_588191" use="optional" order="15" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentCreationDate" xlink:label="loc_dei_DocumentCreationDate_588193" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588186" xlink:to="loc_dei_DocumentCreationDate_588193" use="optional" order="16" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentEffectiveDate" xlink:label="loc_dei_DocumentEffectiveDate_588194" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588186" xlink:to="loc_dei_DocumentEffectiveDate_588194" use="optional" order="17" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusDate" xlink:label="loc_rr_ProspectusDate_588195" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588186" xlink:to="loc_rr_ProspectusDate_588195" use="optional" order="18" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInvCompanyType" xlink:label="loc_dei_EntityInvCompanyType_588197" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588186" xlink:to="loc_dei_EntityInvCompanyType_588197" use="optional" order="19" preferredLabel="http://www.xbrl.org/2003/role/label" />
</presentationLink>
<presentationLink xlink:type="extended" xlink:role="http://www.gsamfunds.com/role/RiskReturnSummaryUnlabeledGoldmanSachsMultiStrategyAlternativesPortfolio">
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusTable" xlink:label="loc_rr_ProspectusTable_588200" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationDocumentAxis" xlink:label="loc_dei_DocumentInformationDocumentAxis_588201" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588200" xlink:to="loc_dei_DocumentInformationDocumentAxis_588201" use="optional" order="1" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentDomain" xlink:label="loc_dei_DocumentDomain_588202" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationDocumentAxis_588201" xlink:to="loc_dei_DocumentDomain_588202" use="optional" order="2" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_CoregistrantAxis" xlink:label="loc_rr_CoregistrantAxis_588203" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588200" xlink:to="loc_rr_CoregistrantAxis_588203" use="optional" order="3" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_CoregistrantDomain" xlink:label="loc_rr_CoregistrantDomain_588204" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_CoregistrantAxis_588203" xlink:to="loc_rr_CoregistrantDomain_588204" use="optional" order="4" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_588205" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588200" xlink:to="loc_dei_LegalEntityAxis_588205" use="optional" order="5" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_588206" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_LegalEntityAxis_588205" xlink:to="loc_dei_EntityDomain_588206" use="optional" order="6" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusShareClassAxis" xlink:label="loc_rr_ProspectusShareClassAxis_588207" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588200" xlink:to="loc_rr_ProspectusShareClassAxis_588207" use="optional" order="7" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ShareClassDomain" xlink:label="loc_rr_ShareClassDomain_588208" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusShareClassAxis_588207" xlink:to="loc_rr_ShareClassDomain_588208" use="optional" order="8" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_PerformanceMeasureAxis" xlink:label="loc_rr_PerformanceMeasureAxis_588209" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588200" xlink:to="loc_rr_PerformanceMeasureAxis_588209" use="optional" order="9" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_PerformanceMeasureDomain" xlink:label="loc_rr_PerformanceMeasureDomain_588210" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_PerformanceMeasureAxis_588209" xlink:to="loc_rr_PerformanceMeasureDomain_588210" use="optional" order="10" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_AfterTaxesOnDistributionsMember" xlink:label="loc_rr_AfterTaxesOnDistributionsMember_588211" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_PerformanceMeasureAxis_588209" xlink:to="loc_rr_AfterTaxesOnDistributionsMember_588211" use="optional" order="11" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_AfterTaxesOnDistributionsAndSalesMember" xlink:label="loc_rr_AfterTaxesOnDistributionsAndSalesMember_588212" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_PerformanceMeasureAxis_588209" xlink:to="loc_rr_AfterTaxesOnDistributionsAndSalesMember_588212" use="optional" order="12" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusLineItems" xlink:label="loc_rr_ProspectusLineItems_588213" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588200" xlink:to="loc_rr_ProspectusLineItems_588213" use="optional" order="13" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_RiskReturnAbstract" xlink:label="loc_rr_RiskReturnAbstract_588199" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusLineItems_588213" xlink:to="loc_rr_RiskReturnAbstract_588199" use="optional" order="14" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ShareholderFeesTableTextBlock" xlink:label="loc_rr_ShareholderFeesTableTextBlock_588221" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588199" xlink:to="loc_rr_ShareholderFeesTableTextBlock_588221" use="optional" order="15" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_AnnualFundOperatingExpensesTableTextBlock" xlink:label="loc_rr_AnnualFundOperatingExpensesTableTextBlock_588223" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588199" xlink:to="loc_rr_AnnualFundOperatingExpensesTableTextBlock_588223" use="optional" order="16" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ExpenseExampleWithRedemptionTableTextBlock" xlink:label="loc_rr_ExpenseExampleWithRedemptionTableTextBlock_588231" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588199" xlink:to="loc_rr_ExpenseExampleWithRedemptionTableTextBlock_588231" use="optional" order="17" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ExpenseExampleNoRedemptionTableTextBlock" xlink:label="loc_rr_ExpenseExampleNoRedemptionTableTextBlock_588234" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588199" xlink:to="loc_rr_ExpenseExampleNoRedemptionTableTextBlock_588234" use="optional" order="18" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_BarChartTableTextBlock" xlink:label="loc_rr_BarChartTableTextBlock_588249" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588199" xlink:to="loc_rr_BarChartTableTextBlock_588249" use="optional" order="19" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_PerformanceTableTextBlock" xlink:label="loc_rr_PerformanceTableTextBlock_588254" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588199" xlink:to="loc_rr_PerformanceTableTextBlock_588254" use="optional" order="20" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_SupplementToProspectusTextBlock" xlink:label="loc_rr_SupplementToProspectusTextBlock_588258" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588199" xlink:to="loc_rr_SupplementToProspectusTextBlock_588258" use="optional" order="21" preferredLabel="http://www.xbrl.org/2003/role/label" />
</presentationLink>
<presentationLink xlink:type="extended" xlink:role="http://www.gsamfunds.com/role/RiskReturnDetailDataElementsGoldmanSachsMultiStrategyAlternativesPortfolio">
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusTable" xlink:label="loc_rr_ProspectusTable_588455" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationDocumentAxis" xlink:label="loc_dei_DocumentInformationDocumentAxis_588456" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588455" xlink:to="loc_dei_DocumentInformationDocumentAxis_588456" use="optional" order="1" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentDomain" xlink:label="loc_dei_DocumentDomain_588457" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationDocumentAxis_588456" xlink:to="loc_dei_DocumentDomain_588457" use="optional" order="2" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_CoregistrantAxis" xlink:label="loc_rr_CoregistrantAxis_588458" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588455" xlink:to="loc_rr_CoregistrantAxis_588458" use="optional" order="3" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_CoregistrantDomain" xlink:label="loc_rr_CoregistrantDomain_588459" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_CoregistrantAxis_588458" xlink:to="loc_rr_CoregistrantDomain_588459" use="optional" order="4" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_588460" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588455" xlink:to="loc_dei_LegalEntityAxis_588460" use="optional" order="5" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_588461" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_LegalEntityAxis_588460" xlink:to="loc_dei_EntityDomain_588461" use="optional" order="6" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="gsvit-20210430.xsd#gsvit_S000044541Member" xlink:label="loc_gsvit_S000044541Member_588666" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain_588461" xlink:to="loc_gsvit_S000044541Member_588666" use="optional" order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusShareClassAxis" xlink:label="loc_rr_ProspectusShareClassAxis_588462" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588455" xlink:to="loc_rr_ProspectusShareClassAxis_588462" use="optional" order="8" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ShareClassDomain" xlink:label="loc_rr_ShareClassDomain_588463" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusShareClassAxis_588462" xlink:to="loc_rr_ShareClassDomain_588463" use="optional" order="9" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_PerformanceMeasureAxis" xlink:label="loc_rr_PerformanceMeasureAxis_588464" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588455" xlink:to="loc_rr_PerformanceMeasureAxis_588464" use="optional" order="10" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_PerformanceMeasureDomain" xlink:label="loc_rr_PerformanceMeasureDomain_588465" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_PerformanceMeasureAxis_588464" xlink:to="loc_rr_PerformanceMeasureDomain_588465" use="optional" order="11" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_AfterTaxesOnDistributionsMember" xlink:label="loc_rr_AfterTaxesOnDistributionsMember_588466" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_PerformanceMeasureAxis_588464" xlink:to="loc_rr_AfterTaxesOnDistributionsMember_588466" use="optional" order="12" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_AfterTaxesOnDistributionsAndSalesMember" xlink:label="loc_rr_AfterTaxesOnDistributionsAndSalesMember_588467" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_PerformanceMeasureAxis_588464" xlink:to="loc_rr_AfterTaxesOnDistributionsAndSalesMember_588467" use="optional" order="13" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusLineItems" xlink:label="loc_rr_ProspectusLineItems_588468" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusTable_588455" xlink:to="loc_rr_ProspectusLineItems_588468" use="optional" order="14" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_RiskReturnAbstract" xlink:label="loc_rr_RiskReturnAbstract_588454" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_ProspectusLineItems_588468" xlink:to="loc_rr_RiskReturnAbstract_588454" use="optional" order="15" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_SupplementToProspectusTextBlock" xlink:label="loc_rr_SupplementToProspectusTextBlock_588657" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract_588454" xlink:to="loc_rr_SupplementToProspectusTextBlock_588657" use="optional" order="16" preferredLabel="http://www.xbrl.org/2003/role/label" />
</presentationLink>
<presentationLink xlink:type="extended" xlink:role="http://xbrl.sec.gov/rr/role/RiskReturnDetailData">
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_RiskReturnAbstract" xlink:label="loc_rr_RiskReturnAbstract" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract" xlink:to="loc_dei_EntityRegistrantName" use="optional" order="1" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/rr/2018/rr-2018-01-31.xsd#rr_ProspectusDate" xlink:label="loc_rr_ProspectusDate" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract" xlink:to="loc_rr_ProspectusDate" use="optional" order="2" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentCreationDate" xlink:label="loc_dei_DocumentCreationDate" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_rr_RiskReturnAbstract" xlink:to="loc_dei_DocumentCreationDate" use="optional" order="3" />
</presentationLink>
</linkbase>
