> I think the problem is that people aren't cloud capacity you spin up / down
Visa issuance the world over are designed to work exactly this way: to scale (foreign) labor up and down as needed. You may scale just the intake (if it is for permanent residency, like the much praised point-system used by Canada), you can also spin up or spin down the entire temporary visa labor force by changing the renewal and first issuance numbers.
[Citation needed]
I don't think any country invites and then carries out a massive purge of existing labor as it sees fit.
If it does, then it won't be appealing to the class of person you're seeking to attract.