It is the premise of this article that Jesus Christ is the true Israel of God and that everyone who is united to Him through faith becomes, by virtue of that union, an Israelite of God.
This means that it is error to look for, expect, hope for or desire a reconstitution of an ethnic Israel in the future. The New Covenant church is not something which God instituted until he could recreate a national people in Palestine, but rather, God only had a national people temporarily (from Moses to Christ) as a prelude to and foreshadowing of the creation of the New Covenant in which the ethnic distinctions which existed under Moses were fulfilled and abolished. Ephesians 2.11-22; Colossians 2:8 & 3:11
Matthew 2:14-15….Joseph takes Mary and Jesus to Egypt…..
In the Bible, the expression “out of Egypt” occurs more than 140 times. It is one of the defining facts of the existence of national Israel. When God gave the Law he said, “I am Yahweh your God who brought you out of the land of Egypt.” They were a redeemed people belonging to their Savior.
Thus it most significant when Matthew 2:15 quotes Hosea 11:1
That inspired interpretation of the Scriptures confirms it is our Lord Jesus and His followers, not the temporary, national, peoples; who is now the true Israel of God. Indeed it is not too much to say that the only reason God orchestrated the first Exodus was so that we might know that Jesus is the true Son of God and that all Christians are God’s Israelites, regardless of ethnicity. Revelation 5:10
As well, the Apostle Paul argues very clearly that the promises to Abraham were fulfilled in Christ.
Galatians 3.16 The promises were spoken to Abraham and to his seed. The Scripture does not say “and to seeds,” meaning many people, but “and to your seed,” meaning one person, who is Christ.
Paul explains what he means. The promises given to Abraham were promises to be fulfilled by Jesus. 2 Corinthians 1:20
They were given before Moses and they were fulfilled in Christ. Jesus is Abraham’s true Son, he is “the seed” promised to Abraham and we Christians are the people of many nations, his descendants by faith. Genesis 17:6-7
The New Covenant between God and His faithful Christian people, is the fulfillment and renewal of the Abrahamic Covenant and the Abrahamic covenant was the fulfillment and renewal of the gracious covenant made with Adam after the fall.
The Prophetic Word 