Not quite like GW2. GW2 allows you full access to the game and all it has to offer after your initial purchase. Then they release expansions which you have the option of purchasing if you want to experience that content.
EVE is going to be free to play with limitations. You will have access to a predetermined set of skills, ships, equipment, etc... This will allow you to explore and play the basic aspects of the game but you will not be able to achieve the more advanced skills, ships, etc..
The long of the short is that it's kind of like a forever trial but not as handicapped as most MMOs make their trials. (i.e. level 20 cap)