- The party proposes that Arab-majority areas in Israel be handed over to the Palestinian Authority, while Jewish settlements and West Bank areas are officially made part of the State of Israel.
- Party backs a new citizenship law based on the perception that in order to enjoy the rights bestowed on Israeli citizens there are duties that must be fulfilled. Every Israeli citizen will have to pledge allegiance to the country and perform military service or an alternate national service.
- The party will act to fulfill Zionism's three basic principles: Aliyah, defending the land, and settlement activity.
- The party pledges to eliminate crime and introduce stricter punishments, boost the level of education and the rate of economic growth, encourage foreign investment and minimize government expenses. Party also backs the privatization of government bodies.
The party was established in 1999 by Avigdor Lieberman a year after he quit the post of Prime Minister Netanyahu's bureau chief, in a bid to attract mostly Russian immigrant votes. The party won four Knesset seats in the subsequent elections and in 2000 merged with the National Union faction. Lieberman was later appointed as National Infrastructure Minister in Ariel Sharon's government but quit at the beginning of 2002 after charging Sharon was not acting forcefully enough against the Palestinians.
In 2003, the National Union won seven Knesset seats and Lieberman was appointed transportation minister. He was fired by Sharon in July 2004 after objecting to the disengagement plan.
In 2005, Israel Our Home announced it will run independently in the upcoming elections and ended the merger with the National Union.