The 25-year-old Brazilian has won three league titles in five seasons with Shakhtar. He has signed a four-year contract.
"I chose Everton because of all the things I had heard about Marco Silva and after speaking to him I was happy with what he said to me," he told the club's official website .
"Everton is a club with a great structure and a lot of tradition.
When I found out about this opportunity and what the manager wanted out of me I was happy."
Bernard, capped 14 times by his country, is Everton's fourth signing of the summer transfer window.
Everton start their Premier League campaign at Wolverhampton Wanderers on Saturday, 11 August.
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