AHC: Mexico conquers Spain.

With a POD of 1515, how can Mexico militarily conquer Spain?

My suggestion for the POD: Spanish monarchy relocates to America with a French victory in the Peninsular War. But any POD is allowed.
 
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Didn't that happened in Thande's "Look to the West" TL? (Ok, it was a mostly united Spanish America IIRC, but close enough...)

Bruce
 
not good at Iberian history, but force the monarch off the throne at home, leaving him forced to move to royalist forces in America ... either right away or a few decades later the royalists under the new king of "nueva España" runs a conquest war on Iberia, fueled by Gold mines
 
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