Teleporting in VR?

So I just ordered an Oculus Rift, as I have been interested in VR development for some time now. I read through the entire documentation on developing for Oculus, as well as some of the other VR sections, but one thing I didn’t see was how to set up teleportation in VR. I’d rather not have the regular moving around with a joystick setup because I know that that can cause motion sickness for some people. I was hoping to get a setup like Robo Recall has where I can teleport around (and if I wanted to get real fancy, maybe a way to control the rotation of the player as well?). How easy is it to achieve this in Unreal Engine once my headset gets here? Thanks!