How was Spain enriched by its colonies?

Spain was enriched by its colonies because of tax. Spain was one of the first countries to start sailing which meant that any land they found would be clamied by them.

Spain was enriched by its colonies because it was a trading technique they used that no other country used. Also, christopher columbus had explored wihich got the king and queen of spain more resourceble which enriched its colonies becuase of all the materials they had