When wealthy individuals consider relocating to Greece, Cyprus, or the Balkans, one name consistently surfaces: Eurofast. This Cyprus-based advisory firm has spent over four decades building a network across Southeast Europe and the Middle East, promising integrated solutions for citizenship, tax planning, and corporate structuring.
But does their regional dominance translate into reliable service delivery, or are investors better served by global alternatives?
Eurofast Snapshot (Wealth Relocation & Tax Advisory Overview)
| Attribute | Detail |
|---|---|
| Headquarters | Nicosia, Cyprus |
| Founded | Late 1970s (46+ years operating history) |
| Core Client Base | Entrepreneurs, HNWIs, and multinational corporations in Southeast Europe, Balkans, and Middle East |
| Geographic Coverage | 25+ cities across Greece, Cyprus, Bulgaria, Romania, Serbia, Montenegro, Albania, North Macedonia, Croatia, Bosnia, Egypt, UAE, Georgia, Lithuania, Estonia |
| Primary Focus | Citizenship & residency programs, international tax planning, corporate structuring, and market entry advisory |
| Business Model | Integrated advisory firm offering tax, legal, accounting, payroll, and immigration services through regional office network |
| Network Affiliation | PrimeGlobal member (association of independent accounting and advisory firms) |
| Typical Client Profile | Mid- to high-net-worth individuals relocating to Europe; companies expanding into Balkan and Eastern Mediterranean markets |
| Flagship Services | Golden Visa applications (Greece, Cyprus, Bulgaria), Cyprus Non-Dom tax regime, QROPS transfers, corporate formation, transfer pricing |
| Service Delivery | Relationship-based advisory with local offices providing on-the-ground support; custom quote pricing model |
Table of Contents
What Are the Main Pros and Cons of Eurofast for Wealth Relocation?
Eurofast – Pros
- Exceptional regional expertise in Southeast Europe and the Balkans with 46+ years operating history and local offices in 25+ cities.
- Integrated multi-service model covering citizenship, tax planning, corporate structuring, accounting, and payroll through single provider.
- Strong specialization in Cyprus Non-Dom tax regime and Greek Golden Visa programs with proven track record and government relationships.
- Licensed corporate trustee services in Cyprus with professional indemnity insurance and regulatory compliance in core markets.
- Multi-lingual capabilities across 15+ languages enabling communication with diverse client base throughout emerging European markets.
- PrimeGlobal network membership providing access to international resources, best practices, and cross-border referral network.
- On-the-ground presence in target markets rather than remote-only service, facilitating property visits, bank introductions, and government liaison.
Eurofast – Cons and Considerations
- Custom quote pricing model without published fee schedules can create uncertainty about total costs before engagement.
- Service quality and responsiveness varies by office location, with newer markets sometimes less consistent than established Cyprus and Greece operations.
- Limited online review presence and client testimonials compared to larger global citizenship firms, making independent verification more challenging.
- Processing timelines for residency applications can extend 4-6 months, slightly longer than some competitors in same markets.
- Geographic focus on Southeast Europe and Middle East means limited expertise for clients targeting other global residency programs.
- Referral relationships with property developers and investment providers may create potential conflicts of interest in recommendations.
- Some European citizenship-by-investment programs previously offered (Malta, Montenegro) have closed, requiring shift to longer residency-to-citizenship pathways.
What Services Does Eurofast Actually Deliver?
Eurofast delivers an integrated advisory stack for relocators and investors: citizenship and residency planning, tax and transfer pricing advice, corporate and trustee services, market entry support, plus accounting, payroll, and compliance across Cyprus, Greece, the Balkans, and selected Middle Eastern markets.
Eurofast structures their offerings around four primary service pillars, creating an integrated advisory model that differentiates them from single-service immigration consultancies.
Citizenship and Residency Programs represent their most visible offering. The firm advises on Golden Visa applications in Greece (€250,000-€800,000 property investment depending on location), Cyprus permanent residency (€300,000 investment), and various Balkan citizenship-by-investment programs. They handle the complete process from initial consultation through residency card delivery, including property sourcing, legal documentation, and government liaison.
Tax and Transfer Pricing Services target individuals and corporations navigating cross-border tax obligations. Eurofast’s advisors structure tax-efficient residency arrangements, manage international tax compliance, and prepare transfer pricing documentation for multinationals with intra-group transactions. Their expertise in Cyprus’s non-domicile tax regime and Greek tax treaty network provides genuine value for clients whose wealth spans multiple jurisdictions.
Corporate Services and Market Entry support encompasses company formation across 15+ jurisdictions, corporate trustee services, and regulatory compliance for businesses entering their operating markets. Eurofast handles everything from simple limited liability company registrations to complex holding structures involving Cyprus, Malta, or UAE entities.
Accounting, Payroll, and Employment Solutions round out their service portfolio, with particular strength in their Banja Luka outsourcing center. This operational hub provides payroll processing, accounting, and HR administration for companies with Balkan operations, leveraging lower labor costs while maintaining professional standards.
Eurofast Service Overview
| Service | Category | What’s Included |
|---|---|---|
| Citizenship & Residency Programs | Immigration Advisory | Golden Visa applications (Greece, Cyprus, Bulgaria), residency-by-investment programs, citizenship advisory, application processing, document preparation, government liaison, family reunification services. |
| Cyprus Non-Dom Tax Regime | Tax Planning | Tax residency structuring, non-domicile status applications, dividend and interest income optimization, tax treaty planning, compliance support, annual tax filing coordination. |
| Greek Golden Visa Advisory | Residency Solutions | Property investment guidance (€250K-€800K), alternative investment routes, application submission, residency card processing, family member inclusion, renewal support. |
| International Tax Services | Cross-Border Tax | Multi-jurisdiction tax compliance, tax treaty optimization, withholding tax planning, substance requirements, permanent establishment analysis, global mobility tax support. |
| Transfer Pricing | Corporate Tax | Arm’s length pricing documentation, intercompany agreements, transfer pricing studies, advance pricing agreements, country-by-country reporting, TP compliance for multinationals. |
| Corporate & Trustee Services | Entity Structuring | Company formation in 15+ jurisdictions, holding company structures, nominee director services, corporate trustee services, registered office provision, annual compliance management. |
| Market Entry Support | Business Expansion | Regulatory analysis, licensing requirements, sector-specific compliance, business setup strategy, local partner identification, market research for Southeast Europe and Balkans. |
| Accounting & Compliance | Financial Reporting | Financial statement preparation, statutory audits, IFRS and local GAAP reporting, VAT/GST compliance, corporate tax returns, regulatory filings, bookkeeping services. |
| Payroll & Employment Services | HR Solutions | Multi-country payroll processing via Banja Luka outsourcing center, employer of record (EOR), social security compliance, employment contracts, work permits, HR administration. |
| Mergers & Acquisitions | Transaction Advisory | Buy-side and sell-side M&A advisory, due diligence coordination, deal structuring, valuation support, post-merger integration, cross-border transaction expertise. |
| Fund Administration | Investment Funds | Fund setup and structuring, regulatory compliance, NAV calculations, investor reporting, fund accounting, administration services for alternative investment funds. |
| Intellectual Property Services | IP Management | Trademark registration, patent filing support, IP portfolio management, licensing agreements, IP box regime optimization, cross-border IP structuring. |
How Eurofast’s Golden Visa Services Actually Work?
Eurofast structures Golden Visa engagements end-to-end: they assess eligibility, source qualifying investments through local partners, coordinate property or fund due diligence, prepare and submit residency applications, and manage follow-up with authorities until residence permits are issued for the main applicant and eligible family members.
The Greek Golden Visa remains Eurofast’s flagship residency product, and understanding their process illuminates both strengths and limitations. Clients typically begin with an initial consultation where advisors assess eligibility, explain investment requirements, and outline timelines. Eurofast then connects clients with real estate agents or investment fund managers to identify qualifying investments.
Once a property or investment is secured, Eurofast’s legal team prepares and submits the residency application to Greek immigration authorities. The firm coordinates document collection, translations, notarizations, and government submissions. Claimed processing times range from 4-6 months, though actual timelines vary based on government processing speeds and application completeness.
The Greek program offers significant advantages, with no physical residency requirements, family inclusion, and a pathway to EU permanent residence after five years of continuous residence. However, the 2023 investment threshold increases (from €250,000 to €400,000-€800,000 in many areas) have made this program considerably more expensive than when Eurofast first began promoting it.
How Does Eurofast Use The Cyprus Non-Dom Tax Regime?
Eurofast typically designs Cyprus Non-Dom strategies by securing Cyprus tax residency, obtaining non-domicile status, and restructuring asset ownership so dividends, interest, and certain foreign-source income benefit from Cyprus’s favorable rules, while ensuring the structure has enough substance to withstand tax scrutiny in both Cyprus and the client’s former country of residence.
Beyond simple residency applications, Eurofast demonstrates particular expertise in Cyprus’s non-domicile tax regime, a structure offering substantial tax advantages for high-income individuals. The Cyprus Non-Dom program exempts dividend income, interest income, and certain foreign-source income from taxation while maintaining EU residency status.
Eurofast structures these arrangements by establishing Cyprus tax residency (requiring 60+ days annual presence and maintaining a Cyprus residence), confirming non-domicile status, and restructuring asset ownership to optimize tax treatment. For entrepreneurs with substantial passive income, dividend distributions, or international business operations, these savings can justify Eurofast’s advisory fees multiple times over.
However, the Cyprus Non-Dom regime requires careful planning and genuine economic substance. Eurofast’s role involves more than filing paperwork, asthey must structure affairs to withstand tax authority scrutiny in both Cyprus and the client’s former tax residence.
What Does Eurofast Actually Charge?
Eurofast works on custom, project-based quotes rather than public price lists, so fees vary by jurisdiction and complexity; Golden Visa mandates, Non-Dom tax planning, and multi-entity corporate structures can each run into five figures, with additional annual costs for ongoing tax, accounting, and corporate maintenance.
Eurofast does not publish standardized fee schedules, operating instead on a custom quote model. Based on market intelligence and client reports, their pricing generally positions as follows:
Greek Golden Visa applications typically command €15,000-€25,000 in professional fees, plus government charges (approximately €2,000), property transfer taxes (3% of property value), and legal fees for property purchase (1-2% of value). A €400,000 property investment thus carries total costs around €430,000-€440,000 before any Eurofast fees.
Cyprus Non-Dom tax planning arrangements range from €10,000-€30,000 depending on complexity, with ongoing annual compliance fees of €5,000-€15,000 for tax filing, residency maintenance, and corporate administration.
Corporate structuring projects vary widely—simple company formations start around €3,000-€5,000, while complex multi-entity structures with nominee directors and trustee services can exceed €50,000 in setup fees plus substantial annual maintenance costs.
When Eurofast Makes Sense (And When It Doesn’t)
Eurofast makes the most sense when you need a long-term regional partner for Cyprus, Greece, and the Balkans who can align residency, tax, and corporate structures; it is less suitable if you only want the cheapest one-off Golden Visa filing, need programs outside their core geography, or prefer a fully standardized global Big Four-style experience.
Eurofast delivers optimal value for specific client profiles and situations. Entrepreneurs establishing genuine business operations across multiple Eurofast markets, for instance, a Cyprus holding company, Greek real estate investments, and Serbian manufacturing, benefit from their coordinated approach. High-net-worth individuals relocating to Cyprus or Greece for tax purposes who require ongoing accounting, payroll, and compliance support find value in long-term advisory relationships.
Conversely, Eurofast represents a poor fit for clients seeking simple, transactional Golden Visa processing who would benefit from lower-cost local attorneys. Investors targeting jurisdictions outside Eurofast’s network should engage firms with deeper expertise in those specific markets. Those prioritizing immediate responsiveness, standardized service delivery, or extensive hand-holding may find Eurofast’s relationship-driven model frustrating.
Eurofast vs Industry Standards
- Regional Expertise: 46+ years in Southeast Europe/Balkans with 25+ city network vs. Industry: typically broader but shallower geographic coverage
- Multi-Jurisdiction Coverage: Integrated services across 15+ jurisdictions in target region vs. Industry: often single-country specialists or limited coordination
- Service Quality: Established Cyprus/Greece operations with variable quality in newer markets vs. Industry: more standardized service delivery
- Processing Speed: 4-6 month residency timelines slightly slower than competitors; relationship-driven rather than transaction-focused approach
- Fee Transparency: Custom quote model without published pricing vs. Industry: increasing trend toward transparent fee schedules
- Regulatory Compliance: Cyprus corporate trustee license, professional indemnity insurance, PrimeGlobal membership; strong compliance in core markets
Should You Work With Eurofast?
You should seriously consider working with Eurofast if your relocation or structuring plan is centered on Cyprus, Greece, or nearby markets and you want one advisor to coordinate tax, corporate, and immigration; before signing, compare at least one alternative proposal, test responsiveness, and make sure the specific office and team assigned match your expectations.
Eurofast occupies a legitimate niche in the European wealth relocation ecosystem, delivering solid value for clients whose needs align with their geographic footprint and integrated service model. Their 46-year operational history and extensive regional network represent genuine assets, particularly for complex situations requiring multi-country coordination across Southeast Europe and the Balkans.
However, the firm’s limited transparency, sparse client reviews, and variable service quality across offices warrant careful due diligence. Prospective clients should request detailed proposals with fixed-fee commitments, verify specific advisor credentials, and independently validate all investment opportunities presented.
For entrepreneurs and investors targeting Cyprus, Greece, or Balkan markets who require ongoing tax, corporate, and immigration support, Eurofast merits serious consideration. For those seeking simple Golden Visa processing, immediate second passports, or services outside Eurofast’s core regions, better alternatives likely exist.
As with any professional services engagement, success depends on clear expectations, proper vetting, and understanding exactly what you’re buying before signing engagement letters.
FAQ
Who is Eurofast best suited for?
Eurofast is best suited for entrepreneurs, high-net-worth individuals, and companies focusing on Cyprus, Greece, and the Balkans who need coordinated tax, corporate, and residency planning rather than only a single visa application.
What does Eurofast actually do?
Eurofast combines immigration advisory (Golden Visas, residency), international tax planning, corporate and trustee services, payroll, and accounting under one regional platform, with offices across Southeast Europe and parts of the Middle East
What should I check before signing with Eurofast?
Ask for a fixed-fee or capped-fee proposal, clarify which team and office will actually handle your file, request recent client references in your target country, and make sure you understand any links they have with banks, developers, or investment products they introduce.
