According to the notion of an embodiment of time, changes in body perception and changes in attention to body-related processes should be associated with changes in subjective time flow. Virtual reality (VR) offers the possibility to manipulate perceptual and attentional processes and to induce body-dissociative states (out-of-body experiences). To provide evidence for the embodiment of time, our study aimed to investigate whether out-of-body experiences induced via immersive VR are accompanied by changes in the perception of time. Therefore, we induced out-of-body experiences by synchronous visuotactile stimulation of the participant and a virtual avatar. As a control condition, visual and tactile stimulation was applied asynchronously. In both conditions, participants performed time production tasks. Furthermore, we measured the strength of the illusion by measuring the proprioceptive drift. In this talk, our methodology and first results will be presented and discussed.