The move comes three years after Ebecilio left Feyenoord's youth academy to join Arsene Wenger's side.
Ebecilio was offered the opportunity to extend his contract with Arsenal and has recently been linked Swansea City and Fulham.
However, Ebecilio's preferred option was always to return to Holland and, after being linked with PSV Eindhoven, he says the decision to join FC Twente was easy.
Ebecilio said: "I directly had the right feeling with FC Twente and felt at ease.
"I want to play as much as possible, gain experience and become better.
"Therefore I have to work hard and show what I am capable of."