Hungary is the world’s seventh favorite investment target, according to IBM Global Location Trends, a government official said on Tuesday.
Commenting on the 2017 report, Tamas Menczer, state secretary for communications, said that in terms of high value-added foreign investments, Hungary is also at the forefront, ranking 16th.
He noted a favourable economic environment for investors, one of the lowest personal income tax rates in Europe and its lowest corporation tax.
Source: MTI; IBM Global Location Trends
