George North will join Ospreys when he leaves Northampton at the end of this season.
The wing has signed for his new team on a National Dual Contract (NDC) which means the Welsh Rugby Union (WRU) funding 60% of his pay.
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The 26-year-old will return to Wales five years after leaving Scarlets for the Aviva Premiership club.
“I’m excited to be joining the Ospreys and starting a new chapter in my career when I return to Wales,” North said.
Blues and Dragons had also shown interest in signing the player, who has won 73 Wales and three British and Irish Lions caps.