The most common and most likely answer to this crossword clue is the 10 letter word HIGH-LEVEL
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Buddy explains!

The straight part
We know that "VIP status?" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case vip status? = high-level.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
Crossword Answer definitions
HIGH-LEVEL adjective- Taking place or existing at a high level, altitude or elevation.
- Of or pertaining to a person of a high social position or high rank within a hierarchy or organization.
- Consisting of such people.
- (of a programming language) Consisting of relatively natural language-like commands and mathematical notations which, after compilation or interpretation, become a set of machine language instructions.