Apparently this would exclude Christians from living in the Holy Land as well. The first of the seven Noahide laws is not to commit idolatry, which has been interpreted as follows:
While the Christians do generally accept the Hebrew Bible as truly from God, many of them (those who accept the so-called divinity of Jesus) are idolaters according to the Torah, punishable by death, and certainly will not enjoy the World to Come. But it is not just being a member of a denomination in which the majority are believers in the Trinity that is idolatry, but personal idolatrous practice, whatever the individual's affiliation.
http://www.mechon-mamre.org/jewfaq/gentiles.htm
"The statement referred to biblical sources to the effect that only those gentiles who accept Jewish sovereignty in the Land of Israel are permitted to dwell in it, quoting the verse, "And you will settle the land and no one will terrify you."
Rotfl. Using that special version, so popular with those special sites?
http://www.hoffman-info.com/talmudtruth.html
http://www.stormfront.org/jewish/talmud.html