The out-half, who makes the move from Leinster, is currently part of the Ireland squad set to travel to Australia for the three-Test tour.
Addressing the recent speculation at an IRFU press conference today, Carbery confirmed he will be making the move to Munster.
The 22-year-old has made 37 appearances for Leinster, scoring 101 points, while at international level he has played on 10 occasions, scoring 22 points.
Carbery joins fellow Irish qualified out-halves Ian Keatley, Tyler Bleyendaal, JJ Hanrahan and Bill Johnston at the province.
— Irish Rugby (@IrishRugby) May 31, 2018