Business and lobbying experience in Miami
Following the 1980 presidential election, Bush and his family moved to
Miami-Dade County, Florida. He took a job in real estate with
Armando Codina, a 32-year-old
Cuban immigrant and self-made American millionaire. Codina had made a fortune in a computer business, and then formed a new company, IntrAmerica Investments Inc., to pursue opportunities in
real estate.
In 1981, his first year with Codina's new real estate venture, Bush earned $41,508. He soon became a valuable real estate salesman for Codina and helped him build a very successful property business in Florida.
During Bush's years in Miami, he was involved in many different
entrepreneurial pursuits, including working for a mobile phone company, serving on the board of a
Norwegian-owned company that sold fire equipment to the
Alaska oil pipeline, becoming a minority owner of the
Jacksonville Jaguars, buying a shoe company that sold footwear in
Panama, and getting involved in a scheme to sell water pumps in
Nigeria.
Codina eventually made Bush his partner in a new development business, which quickly became one of South Florida's leading real estate development firms. As a partner, Bush received 40% of the firm's profits.
Bush was also on the payroll of Cuban exile Miguel Recarey, who had earlier assisted the
CIA in attempts to assassinate
Fidel Castro. Recarey, who ran International Medical Centres (IMC), employed Bush as a real estate consultant and paid him a $75,000 fee for finding the company a new location, although the move never took place. Bush did, however,
lobby the Reagan/Bush administration vigorously and successfully on behalf of Recarey and IMC. "I want to be very wealthy," Jeb Bush told the
Miami News when questioned during that period.
In 1990, Bush interceded with his father to
pardon Orlando Bosch, a Cuban
exile whom Attorney General
Dick Thornburgh called an "unrepentant
terrorist." Bosch was released from prison and granted residency in the U.S.