The Welsh global has put pen to paper on a pre-contract agreement with Serie A champions Juventus, where he will earn approximately £400,000 a week.
"We look forward to Aaron helping the team to a strong end to this season before he joins Juventus in the summer".
Ramsey failed to agree terms on a new deal with the Gunners before his contract ran into its last six months, which allowed the midfielder to speak to clubs who expressed interest in signing the 28-year-old.
Juventus said that the club are liable to pay 3.7 million euros ($4.1 million) by July 10 in the absence of a transfer fee.
It has been reported that the Welsh midfielder will earn £400k a week, making him one of the top ten best paid players in the world.
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"You welcomed me as a teenager and have been there for me through all the highs and lows I've encountered during my time at the club".
With that in mind, it's not that hard to see, despite reported approaches from Paris St-Germain and Barcelona, why Ramsey has chosen to leave the north London club for Italy. It is with a heavy heart that I leave after 11 incredible years in north London.
"As you may have already heard, I have agreed a pre-contract with Juventus Football Club", said Ramsey.
With Arsenal, Ramsey won three FA Cup titles and two Community Shields.