Tax-the-Rich Push Gives Miami’s Condo King an Opening in Colombia

As the child of Cuban parents growing up in the 1950s, Jorge Perez found refuge from the island’s political upheaval in Bogota. Decades later, as a billionaire developer, Perez is courting Colombians who fear their own country’s leftist shift.

The 72-year-old founder of Miami-based Related Group said Colombians have been moving their money into South Florida real estate since Gustavo Petro rode a tax-the-rich campaign to the presidency this year.