The citizens of the commonwealth become citizens of Israel but they and those that follow them will not have voting rights in Israeli elections, only in commonwealth elections. Current Israeli citizens living in the commonwealth maintain their current Israeli citizenship amd voting rights. Arabs who don't like it can leave. May Abbas be the first. Those that remain will live far better than they do now. The new oil finds will make Israel a rich nation.
Greek PM says may have to call early election (Reuters)
from the article: If there are no Palestinians, there's no Israeli occupation