The article aims at advancing feminist institutional theory by expanding and revising Karl Polanyi’s framework of capitalist development as it applies to remittances and transnational households. The triple movement is offered by Nancy Fraser to revisit Karl Polanyi’s conception of the double-movement from a feminist perspective. It encompasses not only marketization and social protection, but also emancipation from social relations and markets. The article applies this concept to an understanding of remittance-driven labor exports and the formation of transnational households as an emerging institution of social protection. The discussion focuses on labor as a globalized fictitious commodity, global care chains, and the effects of COVID-19. The article points to the centrality of social subordination in marketization of remittances and labor, as well as to the fragility of this approach to social provisioning.