Let’s face it. There is a problem in the Land of Israel. It's a demographic problem. It does not benefit the Jewish people to pretend that it does not exist or that it will somehow dissipate in the future. The fact is that Arabs constitute 40% of the population west of the Jordan River and this ratio is bound to increase in their favor in the future if nothing is done to stem the tide. The picture within the security fence is better, but continues to be an issue. 
The Jewish character of Israel is in danger and no sugarcoating can hide this reality.
Moreover, is it not even a bigger demographic problem that Arabs constitute roughly 28% of all Israeli newborns, according to the official data by the Israeli Bureau of Statistics for 2007? It's true that there seems to be an improvement in demographic trends in favor of the Jews. But in 20 or 25 years from now that will not significantly alter the situation, nor spare Israel from this demographic nightmare.
Somebody said that "demography is destiny." Urgent measures are necessary to deal with this problem. No time should be wasted. The Jewish character of Israel is in danger and no sugarcoating can hide this reality.
Being the civilized people we are, and taking into account the international environment today, we can't simply expel the Arabs - as Poles, Russians and Czechs did to more than 12 million Germans after World War II. There is a very small chance that the government of Israel will start treating Arabs in an equal manner in areas of taxation or army conscription, which would presumably force large numbers of Arabs to emigrate as some have suggested. In any case, there is a danger that these measures will not produce desirable results.
Surprisingly, the issue is much more clear cut beyond the pre-1967 borders. There are many signs that significant numbers of Arabs in Judea, Samaria and Gaza want to get out, especially young people. But they are facing incredible difficulties trying to emigrate. What is more incredible is that there is no Israeli effort, covert or overt (covert would be even better) to help them both in terms of logistics (getting visas, transportation arrangement, etc.) and money. It has been reported on Israeli television that up to 80% of Gaza’s residents are considering emigration, and two out of five would leave immediately if they could, according to the Near East Consulting poll. Yet, they face both logistical and financial difficulties in attempts to achieve this goal.
What is needed is a massive effort by a non-governmental organization (let's say, for the sake of an example, the Israel Resettlement Fund) to create all kinds of economic and financial stimuli for young Arabs to emigrate and renounce Israeli citizenship if they have it. This organization should concentrate on young Arabs of childbearing age, both males and females.
As far as Israeli Arabs are concerned, the scheme should be more elaborate and therefore more complicated. I doubt that Israeli Arabs have much desire to leave Israel for any Arab country, but the right combination of inducements can produce some effect. Even a 20% reduction in the Israeli Arab childbearing population would be a great achievement.
Some cooperation of certain elements in Arab countries would be quite beneficial for the project. The fact that Prince Hassan of Jordan discussed with Benny Elon his Right Road to Peace plan shows, in my opinion, that it is possible to find partners in Arab countries, especially Jordan. They will talk behind closed doors and they will cooperate under favorable conditions.
The operation could go like this. A neighborhood is built somewhere in eastern Jordan, complete with social and other essential infrastructure, next to a business park that will provide jobs for the residents. Israel has rich experience in building new towns in the desert from scratch. Then, we approach some impoverished young Arab families in Israel (which coincidentally may have lots of children) and offer them a brand new, contemporary house equipped with all modern facilities, plus the guarantee of a job at a nearby business park, in exchange for leaving Israel, surrendering Israeli citizenship and giving up their current house for some extra monetary compensation.
The prospects of a long and arduous project should not scare us. 
Sure, many will reject this offer, but there will be some who will take it. There are many unemployed young Arab couples with children in Israel.
A project of this magnitude will require substantial initial financing and an organizational effort on a large scale. It may also take a lot of time, but we should remember that it took 51 years from the First Zionist Congress to the establishment of Israel and we have 3,500 years of history behind us. The prospects of a long and arduous project should not scare us.
In addition, as Arabs start to leave, real estate prices in those areas they vacate will start to rise. Houses left by Arabs in the hands of the Fund could later be sold for a substantial markup, helping recoup some, and possibly most, of the costs associated with this project.
I am calling on wealthy individuals for whom the fate of Israel as a Jewish state is dear to organize and act now.