diff --git a/README.md b/README.md
index 5f8430b7..783836ea 100644
--- a/README.md
+++ b/README.md
@@ -17,6 +17,11 @@ to create a GTFS file using Google's transitfeed library and validates it after
 
 Requirements
 ------------
+
+Install dependencies by running
+
+    pip install -r requirements.txt
+
 * https://github.com/DinoTools/python-overpy
 * https://github.com/google/transitfeed
 * https://github.com/metaodi/osmapi
diff --git a/requirements.txt b/requirements.txt
new file mode 100644
index 00000000..b40e320c
--- /dev/null
+++ b/requirements.txt
@@ -0,0 +1,3 @@
+overpy
+transitfeed
+osmapi