The new reality holds more opportunities than risks. We are currently experiencing a fundamental shift in the perception of our country. Germany has become a land of hope for many people around the world. Our open, liberal, and secular society promises an attractive life in freedom and security. Immigration is thus a new German reality that needs to be shaped. Now, pragmatic politics are required that carefully weigh the risks while also recognizing the opportunities that immigration presents. Olaf Scholz advocates for a policy of confident optimism and outlines ways in which Germany can master this global challenge—and even benefit from it.