Wilmer Valderrama proposes to model Amanda Pacheco on New Year's Day

Congratulations are in order for Wilmer Valderrama and Amanda Pacheco. 

The "That '70s Show" alum proposed to Pacheco, a 29-year-old model, on New Year's Day, they each announced on their respective Instagram accounts Wednesday night. Pacheco shared a shot of the pear-shaped ring, from Los Angeles-based designer BYCHARI. 

"It's just us now," they each captioned a dreamy photo of Valderrama, 39, down on one knee in front of Pacheco on a La Jolla beach in San Diego. 

"Going into the new year like.." Pacheco added on her Instagram story. 

Valderrama has previously dated big names in Hollywood, including Mandy Moore and Lindsay Lohan. He met singer Demi Lovato in 2010 and the two dated until 2016. Lovato opened up about their breakup the following year in her 2017 documentary, "Demi Lovato: Simply Complicated," revealing the two mutually decided they were better as friends. 

"I never loved anybody like I loved Wilmer," she said. 

Valderrama rose to fame as Fez in "That '70s Show" before going on to voice the titular character in Disney Junior's animated show "Handy Manny." He currently stars as Nick Torres on "NCIS." 

In addition to modeling, Pacheco is a certified divemaster, according to her Instagram bio.