Despite this, Peraza managed to find success by building on his prior pursuits as an editor and writer. He became the editor of two Spanish-language illustrated magazines in New York City. From 1885-1890, he was the principle editor of "La Revista Ilustrada de Nueva York" (New York Illustrated Magazine), in which José Martí's essay "Nuestra América" ("Our America) first appeared. Later, he founded and edited "Las Tres Américas" (The Three Americas) from 1893-1896. His editing work, however, could be seen as only part of an expansive career. Peraza’s writing prowess and political inclination fueled him in most professional endeavors. From a government position (U.S. Ambassador to Venezuela) who’s offer incited his resignation from La Revista, to his own publication years down the line. Peraza had also frequently collaborated with other prominent Hispanic figures such as fellow countryman Juan Antonio Pérez Bonalde and Cuban poet José Martí. Working alongside Martí during his time in New York, Peraza (while lesser known and acknowledged) shared many similar views. Part of what may have left him lingering behind a  bit might have been his lack of view into the danger’s the U.S. posed to Latin America. Instead, Peraza saw the industrialization and innovations to be something Latin America could and should have. Again unlike Marti, Peraza failed to acknowledge that the same forward movement he thought the U.S. to have would be a detriment and lethal weapon in terms of Latin America. In 1888, the president of Venezuela, Juan Pablo Rojas Paúl, recognized Peraza's prominence as a Venezuelan writer and appointed him Plenipotentiary and Envoy Extraordinary to Washington. After a successful career in Washington, Peraza returned to New York to resume his work in publication. In 1895, Peraza was invited to attend the 100th anniversary of José Gregorio Monagas, a past Venezuelan president who fought for emancipation and had been Peraza's father-in-law. After accepting the invitation from the current president, Peraza returned to his native land in order take part in the commemorations. Though he was moved to excitement about experiencing his homeland once more, he ultimately decided to return to New York. Peraza died 11 years later at the age of 67, just a few months shy of his birthday.