Cheaper than the $5,000,000 Golden visa proposed by the President, sure, but at that point we're really just haggling anyway so then it's just a difference of degree.
They want to have a $2M platinium visa that allows you to bring workers, no questions asked, and to reuse the visa if you fire the worker. At 5% yield it's akin to $100k/y, which is close to the initial proposal to tax H1-bs yearly.